Investment Advisory Services Group LLC bought a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 116,240 shares of the company’s stock, valued at approximately $6,590,000. Fidelity High Dividend ETF accounts for approximately 5.8% of Investment Advisory Services Group LLC’s investment portfolio, making the stock its 4th biggest position. Investment Advisory Services Group LLC owned about 0.08% of Fidelity High Dividend ETF at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in FDVV. Raymond James Financial Inc. grew its holdings in Fidelity High Dividend ETF by 62.2% during the 3rd quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after buying an additional 635,591 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Fidelity High Dividend ETF by 34.6% in 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 in the last quarter. Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of Fidelity High Dividend ETF during the third quarter worth $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 acquiring an additional 394,131 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in 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 valued at $22,251,000 after acquiring an additional 291,754 shares in the last quarter.
Fidelity High Dividend ETF Stock Performance
FDVV opened at $59.24 on Tuesday. The stock has a market capitalization of $9.21 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The company has a fifty day moving average of $57.23 and a 200 day moving average of $57.21. Fidelity High Dividend ETF has a fifty-two week low of $49.10 and a fifty-two week high of $60.12.
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.
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