XML Financial LLC purchased a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 17,439 shares of the company’s stock, valued at approximately $963,000.
Other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC lifted its holdings in Fidelity High Dividend ETF by 36.8% in the fourth quarter. LPL Financial LLC now owns 6,160,630 shares of the company’s stock valued at $349,246,000 after buying an additional 1,655,768 shares during the period. Raymond James Financial Inc. boosted its stake in Fidelity High Dividend ETF by 62.2% in the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after acquiring an additional 635,591 shares during the last quarter. Bank of America Corp DE grew its holdings in Fidelity High Dividend ETF by 34.6% during 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. Jane Street Group LLC grew its holdings in Fidelity High Dividend ETF by 301.9% during 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, Core Wealth Advisors LLC bought a new stake in shares of Fidelity High Dividend ETF during the 4th quarter valued at $16,927,000.
Fidelity High Dividend ETF Stock Performance
Shares of Fidelity High Dividend ETF stock opened at $60.39 on Tuesday. The firm has a fifty day moving average of $59.85 and a two-hundred day moving average of $58.18. The stock has a market capitalization of $9.39 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 52 week low of $50.53 and a 52 week high of $62.06.
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.
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