Bogart Wealth LLC Raises Stake in Fidelity High Dividend ETF $FDVV

Bogart Wealth LLC grew its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 37.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,104 shares of the company’s stock after acquiring an additional 301 shares during the period. Bogart Wealth LLC’s holdings in Fidelity High Dividend ETF were worth $57,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC boosted its position in shares of Fidelity High Dividend ETF by 80.2% during the 1st quarter. HighTower Advisors LLC now owns 40,894 shares of the company’s stock worth $2,028,000 after purchasing an additional 18,196 shares in the last quarter. Private Trust Co. NA purchased a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth $45,000. Barry Investment Advisors LLC boosted its position in shares of Fidelity High Dividend ETF by 1.4% during the 2nd quarter. Barry Investment Advisors LLC now owns 41,908 shares of the company’s stock worth $2,180,000 after purchasing an additional 569 shares in the last quarter. KWB Wealth purchased a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter worth $3,470,000. Finally, Janney Montgomery Scott LLC boosted its position in shares of Fidelity High Dividend ETF by 2.8% during the 1st quarter. Janney Montgomery Scott LLC now owns 34,398 shares of the company’s stock worth $1,706,000 after purchasing an additional 931 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV opened at $55.91 on Wednesday. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $56.20. The company’s fifty day moving average is $55.30 and its two-hundred day moving average is $52.21. The firm has a market capitalization of $7.26 billion, a P/E ratio of 17.18 and a beta of 1.01.

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.