Thrivent Financial for Lutherans Has $7.73 Million Stock Holdings in Fidelity High Dividend ETF $FDVV

Thrivent Financial for Lutherans increased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 44.2% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 138,719 shares of the company’s stock after acquiring an additional 42,490 shares during the period. Thrivent Financial for Lutherans’ holdings in Fidelity High Dividend ETF were worth $7,728,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in FDVV. Cornerstone Wealth Management LLC raised its position in Fidelity High Dividend ETF by 26.9% in the third quarter. Cornerstone Wealth Management LLC now owns 7,012 shares of the company’s stock worth $391,000 after purchasing an additional 1,488 shares in the last quarter. Foundations Investment Advisors LLC raised its holdings in shares of Fidelity High Dividend ETF by 4.5% in the 3rd quarter. Foundations Investment Advisors LLC now owns 24,988 shares of the company’s stock worth $1,392,000 after buying an additional 1,072 shares in the last quarter. Tidemark LLC lifted its position in shares of Fidelity High Dividend ETF by 69.4% during the 3rd quarter. Tidemark LLC now owns 5,438 shares of the company’s stock worth $303,000 after buying an additional 2,228 shares during the period. Archer Investment Corp boosted its stake in Fidelity High Dividend ETF by 7.2% in the 3rd quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock valued at $179,000 after buying an additional 217 shares in the last quarter. Finally, Absolute Capital Management LLC bought a new stake in Fidelity High Dividend ETF in the third quarter valued at $1,064,000.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $58.51 on Friday. The firm has a market capitalization of $8.53 billion, a P/E ratio of 17.18 and a beta of 0.92. The stock has a fifty day moving average price of $57.22 and a two-hundred day moving average price of $55.91. Fidelity High Dividend ETF has a 52-week low of $42.81 and a 52-week high of $59.08.

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.