D.A. Davidson & CO. Raises Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

D.A. Davidson & CO. lifted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 85,504 shares of the company’s stock after buying an additional 8,277 shares during the quarter. D.A. Davidson & CO.’s holdings in Fidelity High Dividend ETF were worth $4,270,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Truist Financial Corp increased its holdings in Fidelity High Dividend ETF by 24.1% during the 4th quarter. Truist Financial Corp now owns 139,128 shares of the company’s stock worth $6,948,000 after purchasing an additional 26,993 shares during the period. Sanctuary Advisors LLC increased its holdings in Fidelity High Dividend ETF by 20.2% during the 4th quarter. Sanctuary Advisors LLC now owns 118,846 shares of the company’s stock worth $6,050,000 after purchasing an additional 19,996 shares during the period. Strategic Financial Concepts LLC purchased a new position in Fidelity High Dividend ETF during the 4th quarter worth $507,000. Allworth Financial LP increased its holdings in Fidelity High Dividend ETF by 8.8% during the 4th quarter. Allworth Financial LP now owns 510,021 shares of the company’s stock worth $26,088,000 after purchasing an additional 41,384 shares during the period. Finally, Principal Securities Inc. increased its holdings in Fidelity High Dividend ETF by 1.6% during the 4th quarter. Principal Securities Inc. now owns 49,323 shares of the company’s stock worth $2,463,000 after purchasing an additional 763 shares during the period.

Fidelity High Dividend ETF Stock Up 0.2 %

FDVV opened at $52.28 on Friday. The stock’s fifty day moving average is $50.71 and its two-hundred day moving average is $50.55. The company has a market capitalization of $3.02 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 52 week low of $43.12 and a 52 week high of $52.78.

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.