Sagespring Wealth Partners LLC Grows Position in Fidelity High Dividend ETF $FDVV

Sagespring Wealth Partners LLC grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 585,625 shares of the company’s stock after purchasing an additional 48,306 shares during the period. Sagespring Wealth Partners LLC’s holdings in Fidelity High Dividend ETF were worth $30,464,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Perfromance Wealth Partners LLC purchased a new stake in Fidelity High Dividend ETF in the 2nd quarter worth approximately $5,599,000. Atria Wealth Solutions Inc. lifted its position in shares of Fidelity High Dividend ETF by 309.8% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 226,140 shares of the company’s stock valued at $11,771,000 after buying an additional 170,956 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of Fidelity High Dividend ETF by 34.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 66,852 shares of the company’s stock valued at $3,478,000 after buying an additional 17,047 shares in the last quarter. Carbahal Olsen Financial Services Group LLC lifted its position in shares of Fidelity High Dividend ETF by 1.4% during the 2nd quarter. Carbahal Olsen Financial Services Group LLC now owns 123,754 shares of the company’s stock valued at $6,438,000 after buying an additional 1,653 shares in the last quarter. Finally, Ellis Investment Partners LLC lifted its position in shares of Fidelity High Dividend ETF by 5.2% during the 2nd quarter. Ellis Investment Partners LLC now owns 4,828 shares of the company’s stock valued at $251,000 after buying an additional 240 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $55.28 on Tuesday. The business has a fifty day moving average price of $55.10 and a 200 day moving average price of $51.93. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $56.20. The company has a market cap of $7.11 billion, a P/E ratio of 17.18 and a beta of 1.01.

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.