International Assets Investment Management LLC lessened its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 51.3% in the third quarter, according to its most recent filing with the SEC. The firm owned 16,264 shares of the company’s stock after selling 17,100 shares during the period. International Assets Investment Management LLC’s holdings in Fidelity High Dividend ETF were worth $985,000 as of its most recent filing with the SEC.
Several other institutional investors and hedge funds also recently made changes to their positions in the business. Commonwealth Equity Services LLC bought a new stake in Fidelity High Dividend ETF in the third quarter valued at about $193,871,000. Retirement Planning Group LLC acquired a new position in shares of Fidelity High Dividend ETF during the 3rd quarter worth about $176,774,000. Royal Bank of Canada grew its position in shares of Fidelity High Dividend ETF by 246.4% during the 1st quarter. Royal Bank of Canada now owns 595,227 shares of the company’s stock worth $32,881,000 after buying an additional 423,383 shares during the period. Kestra Advisory Services LLC increased its stake in shares of Fidelity High Dividend ETF by 24.2% in the 3rd quarter. Kestra Advisory Services LLC now owns 1,788,968 shares of the company’s stock valued at $108,644,000 after acquiring an additional 348,680 shares during the last quarter. Finally, D.A. Davidson & CO. bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at about $18,322,000.
Fidelity High Dividend ETF Stock Up 1.8%
Shares of NYSEARCA FDVV opened at $62.63 on Tuesday. Fidelity High Dividend ETF has a twelve month low of $53.77 and a twelve month high of $64.54. The company’s fifty day moving average is $62.10 and its 200-day moving average is $60.39. The stock has a market cap of $10.53 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86.
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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