Founders Financial Securities LLC acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) in the third quarter, Holdings Channel reports. The institutional investor acquired 22,528 shares of the company’s stock, valued at approximately $1,368,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Childress Capital Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 7.0% during the 3rd quarter. Childress Capital Advisors LLC now owns 707,299 shares of the company’s stock worth $42,954,000 after acquiring an additional 46,262 shares in the last quarter. D.A. Davidson & CO. purchased a new position in shares of Fidelity High Dividend ETF in the 3rd quarter valued at about $18,322,000. Graham Capital Wealth Management LLC increased its stake in shares of Fidelity High Dividend ETF by 17.2% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 4,295 shares of the company’s stock valued at $261,000 after purchasing an additional 631 shares in the last quarter. Latitude Advisors LLC acquired a new position in Fidelity High Dividend ETF in the 3rd quarter worth about $314,000. Finally, Investment Advisory Services Inc. TX ADV acquired a new position in Fidelity High Dividend ETF in the 3rd quarter worth about $8,977,000.
Fidelity High Dividend ETF Trading Down 1.3%
Shares of FDVV stock opened at $62.11 on Friday. The company has a market capitalization of $10.45 billion, a P/E ratio of 17.18 and a beta of 0.86. The business’s 50 day moving average is $62.20 and its two-hundred day moving average is $60.24. Fidelity High Dividend ETF has a 12-month low of $53.77 and a 12-month high of $64.54.
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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Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
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