AdvisorNet Financial Inc Buys 5,692 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

AdvisorNet Financial Inc increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,263 shares of the company’s stock after purchasing an additional 5,692 shares during the period. AdvisorNet Financial Inc’s holdings in Fidelity High Dividend ETF were worth $5,407,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of FDVV. Commonwealth Equity Services LLC raised its holdings in Fidelity High Dividend ETF by 11.6% in the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock worth $140,229,000 after buying an additional 287,984 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in Fidelity High Dividend ETF by 35.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock worth $47,739,000 after acquiring an additional 268,292 shares during the last quarter. Childress Capital Advisors LLC lifted its position in Fidelity High Dividend ETF by 38.5% in the 3rd quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock valued at $38,479,000 after acquiring an additional 211,267 shares in the last quarter. McIlrath & Eck LLC boosted its stake in Fidelity High Dividend ETF by 14.8% during the 3rd quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock valued at $29,320,000 after purchasing an additional 74,731 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings in shares of Fidelity High Dividend ETF by 41.2% in the 2nd quarter. Cetera Investment Advisers now owns 543,198 shares of the company’s stock worth $25,411,000 after purchasing an additional 158,465 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA:FDVV opened at $49.46 on Tuesday. Fidelity High Dividend ETF has a 1 year low of $41.74 and a 1 year high of $52.78. The company has a market cap of $2.85 billion, a P/E ratio of 11.51 and a beta of 0.82. The stock’s fifty day moving average price is $51.19 and its 200-day moving average price is $49.96.

Fidelity High Dividend ETF Company 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.