Sculati Wealth Management LLC lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 8.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 179,534 shares of the company’s stock after purchasing an additional 14,178 shares during the quarter. Fidelity High Dividend ETF comprises approximately 3.6% of Sculati Wealth Management LLC’s holdings, making the stock its 4th largest holding. Sculati Wealth Management LLC owned approximately 0.12% of Fidelity High Dividend ETF worth $10,178,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. boosted its holdings 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 acquiring an additional 635,591 shares during the period. Bank of America Corp DE boosted its holdings in Fidelity High Dividend ETF by 34.6% in the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after acquiring an additional 572,218 shares during the period. Woodard & Co. Asset Management Group Inc. ADV purchased a new position in Fidelity High Dividend ETF in the 3rd quarter worth approximately $28,056,000. Jane Street Group LLC boosted its holdings in Fidelity High Dividend ETF by 301.9% in the 2nd 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 period. Finally, Private Advisor Group LLC boosted its holdings in Fidelity High Dividend ETF by 271.0% in the 3rd quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock worth $22,251,000 after acquiring an additional 291,754 shares during the period.
Fidelity High Dividend ETF Stock Down 1.2%
NYSEARCA FDVV opened at $59.26 on Friday. The stock has a market cap of $9.21 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a fifty-two week low of $49.10 and a fifty-two week high of $60.12. The business has a 50 day moving average price of $57.30 and a two-hundred day moving average price of $57.30.
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.
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