Investment Advisory Services Inc. TX ADV boosted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 10.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 112,109 shares of the company’s stock after acquiring an additional 10,748 shares during the quarter. Fidelity High Dividend ETF accounts for 2.0% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its 13th biggest holding. Investment Advisory Services Inc. TX ADV’s holdings in Fidelity High Dividend ETF were worth $6,193,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. LPL Financial LLC increased its stake 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 worth $349,246,000 after purchasing an additional 1,655,768 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity High Dividend ETF by 2.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 3,034,654 shares of the company’s stock valued at $172,035,000 after purchasing an additional 75,387 shares during the period. Morgan Stanley boosted its stake in shares of Fidelity High Dividend ETF by 7.6% during the fourth quarter. Morgan Stanley now owns 2,520,014 shares of the company’s stock valued at $142,860,000 after purchasing an additional 177,157 shares during the period. Retirement Planning Group LLC grew its holdings in shares of Fidelity High Dividend ETF by 5.3% in the fourth quarter. Retirement Planning Group LLC now owns 2,314,770 shares of the company’s stock worth $131,224,000 after purchasing an additional 115,547 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of Fidelity High Dividend ETF by 34.6% in the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after purchasing an additional 572,218 shares during the last quarter.
Fidelity High Dividend ETF Price Performance
FDVV stock opened at $60.44 on Wednesday. The company has a market capitalization of $9.40 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12 month low of $51.16 and a 12 month high of $62.06. The firm’s 50-day moving average is $59.91 and its 200 day moving average is $58.21.
About Fidelity High Dividend ETF
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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