Cyndeo Wealth Partners LLC Increases Holdings in Fidelity High Dividend ETF $FDVV

Cyndeo Wealth Partners LLC lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 14.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,187 shares of the company’s stock after purchasing an additional 1,815 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Fidelity High Dividend ETF were worth $738,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the company. HighTower Advisors LLC raised its stake in Fidelity High Dividend ETF by 80.2% in the first quarter. HighTower Advisors LLC now owns 40,894 shares of the company’s stock worth $2,028,000 after buying an additional 18,196 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Fidelity High Dividend ETF by 17.5% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 49,805 shares of the company’s stock worth $2,470,000 after buying an additional 7,400 shares in the last quarter. Private Trust Co. NA bought a new position in Fidelity High Dividend ETF in the first quarter worth approximately $45,000. Barry Investment Advisors LLC raised its stake in Fidelity High Dividend ETF by 1.4% in the second quarter. Barry Investment Advisors LLC now owns 41,908 shares of the company’s stock worth $2,180,000 after buying an additional 569 shares in the last quarter. Finally, KWB Wealth bought a new position in Fidelity High Dividend ETF in the second quarter worth approximately $3,470,000.

Fidelity High Dividend ETF Stock Down 1.8%

Shares of NYSEARCA:FDVV opened at $54.66 on Friday. The company has a market capitalization of $7.00 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $56.20. The firm has a 50 day moving average of $55.07 and a 200 day moving average of $51.86.

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.