Nicolet Advisory Services LLC Increases Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Nicolet Advisory Services LLC raised its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.7% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,003 shares of the company’s stock after buying an additional 1,195 shares during the quarter. Nicolet Advisory Services LLC’s holdings in Fidelity High Dividend ETF were worth $755,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of FDVV. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the third quarter worth $25,000. EverSource Wealth Advisors LLC acquired a new stake in Fidelity High Dividend ETF during the first quarter worth about $35,000. Hantz Financial Services Inc. acquired a new stake in Fidelity High Dividend ETF during the second quarter worth about $51,000. ICA Group Wealth Management LLC boosted its holdings in Fidelity High Dividend ETF by 105.5% in the 2nd quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after purchasing an additional 1,555 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of Fidelity High Dividend ETF by 6,777.4% in the 2nd quarter. Larson Financial Group LLC now owns 4,264 shares of the company’s stock valued at $199,000 after buying an additional 4,202 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $52.35 on Friday. Fidelity High Dividend ETF has a 1 year low of $40.10 and a 1 year high of $52.41. The company has a market capitalization of $3.02 billion, a P/E ratio of 11.51 and a beta of 0.82. The company has a 50 day simple moving average of $50.99 and a 200-day simple moving average of $48.84.

Fidelity High Dividend ETF Profile

The Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is managed by Fidelity.