Milestone Investment Advisors LLC Has $16.60 Million Stock Holdings in Fidelity High Dividend ETF $FDVV

Milestone Investment Advisors LLC grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVVFree Report) by 3.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 319,085 shares of the company’s stock after buying an additional 9,163 shares during the period. Fidelity High Dividend ETF makes up about 4.3% of Milestone Investment Advisors LLC’s holdings, making the stock its 5th biggest holding. Milestone Investment Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $16,599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. HighTower Advisors LLC lifted its holdings in shares of Fidelity High Dividend ETF by 80.2% in the 1st quarter. HighTower Advisors LLC now owns 40,894 shares of the company’s stock worth $2,028,000 after acquiring an additional 18,196 shares during the last quarter. Foundations Investment Advisors LLC raised its position in Fidelity High Dividend ETF by 34.3% in the 2nd quarter. Foundations Investment Advisors LLC now owns 23,916 shares of the company’s stock worth $1,244,000 after purchasing an additional 6,102 shares during the period. Allworth Financial LP lifted its stake in Fidelity High Dividend ETF by 4.8% in the second quarter. Allworth Financial LP now owns 547,991 shares of the company’s stock worth $28,506,000 after purchasing an additional 25,216 shares during the last quarter. Advyzon Investment Management LLC bought a new position in shares of Fidelity High Dividend ETF during the second quarter valued at about $344,000. Finally, Janney Montgomery Scott LLC grew its stake in shares of Fidelity High Dividend ETF by 55.8% during the second quarter. Janney Montgomery Scott LLC now owns 53,594 shares of the company’s stock valued at $2,788,000 after buying an additional 19,196 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.1%

Fidelity High Dividend ETF stock opened at $57.02 on Friday. The firm has a 50-day moving average of $55.93 and a 200-day moving average of $54.12. The firm has a market cap of $7.49 billion, a P/E ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $57.15.

About Fidelity High Dividend ETF

(Free Report)

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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Institutional Ownership by Quarter for Fidelity High Dividend ETF (NYSEARCA:FDVV)

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