Harbor Asset Planning Inc. Has $1.28 Million Holdings in Fidelity High Dividend ETF $FDVV

Harbor Asset Planning Inc. increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 441.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 22,642 shares of the company’s stock after purchasing an additional 18,458 shares during the quarter. Fidelity High Dividend ETF makes up approximately 1.1% of Harbor Asset Planning Inc.’s investment portfolio, making the stock its 23rd largest position. Harbor Asset Planning Inc.’s holdings in Fidelity High Dividend ETF were worth $1,284,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FDVV. Raymond James Financial Inc. boosted its stake in Fidelity High Dividend ETF by 62.2% in the 3rd quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after purchasing an additional 635,591 shares during the period. Bank of America Corp DE boosted its position in shares of Fidelity High Dividend ETF by 34.6% during the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after buying an additional 572,218 shares during the period. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in shares of Fidelity High Dividend ETF during the third quarter worth about $28,056,000. Jane Street Group LLC boosted its position in shares of Fidelity High Dividend ETF by 301.9% during the second quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock worth $27,295,000 after buying an additional 394,131 shares during the period. Finally, Private Advisor Group LLC boosted its position in shares of Fidelity High Dividend ETF by 271.0% during the third quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock worth $22,251,000 after buying an additional 291,754 shares during the period.

Fidelity High Dividend ETF Stock Up 0.6%

NYSEARCA:FDVV opened at $58.18 on Thursday. Fidelity High Dividend ETF has a twelve month low of $45.17 and a twelve month high of $60.12. The business has a 50 day moving average price of $57.37 and a two-hundred day moving average price of $56.83. The company has a market cap of $9.00 billion, a P/E ratio of 17.18 and a beta of 0.87.

About Fidelity High Dividend ETF

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.