Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Bought by Private Advisor Group LLC

Private Advisor Group LLC grew its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 3.1% during the fourth quarter, Holdings Channel reports. The firm owned 87,506 shares of the company’s stock after acquiring an additional 2,628 shares during the period. Private Advisor Group LLC’s holdings in Fidelity High Dividend ETF were worth $4,370,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently modified their holdings of FDVV. Systelligence LLC purchased a new stake in Fidelity High Dividend ETF in the third quarter valued at approximately $14,355,000. Childress Capital Advisors LLC lifted its stake in Fidelity High Dividend ETF by 38.5% during 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 during the period. Madrona Financial Services LLC acquired a new stake in Fidelity High Dividend ETF during the 4th quarter valued at approximately $5,844,000. Kovack Advisors Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 138.5% in the 3rd quarter. Kovack Advisors Inc. now owns 200,738 shares of the company’s stock valued at $10,167,000 after acquiring an additional 116,557 shares during the last quarter. Finally, Raymond James & Associates increased its stake in shares of Fidelity High Dividend ETF by 223.6% in the third quarter. Raymond James & Associates now owns 116,653 shares of the company’s stock worth $5,908,000 after acquiring an additional 80,604 shares during the period.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $51.73 on Friday. Fidelity High Dividend ETF has a 1 year low of $43.34 and a 1 year high of $52.78. The company has a market capitalization of $2.98 billion, a PE ratio of 11.51 and a beta of 0.82. The company has a fifty day moving average of $50.73 and a 200 day moving average of $50.60.

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.