Synovus Financial Corp Grows Holdings in Fidelity High Dividend ETF $FDVV

Synovus Financial Corp boosted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 183.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,772 shares of the company’s stock after acquiring an additional 29,605 shares during the period. Synovus Financial Corp’s holdings in Fidelity High Dividend ETF were worth $2,550,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Foundations Investment Advisors LLC lifted its position in shares of 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 raised 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 buying an additional 25,216 shares in the last quarter. Advyzon Investment Management LLC purchased a new stake in Fidelity High Dividend ETF during the second quarter worth $344,000. Dentgroup LLC boosted its position in Fidelity High Dividend ETF by 35.6% during the 3rd quarter. Dentgroup LLC now owns 204,125 shares of the company’s stock valued at $11,372,000 after acquiring an additional 53,547 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new stake in Fidelity High Dividend ETF during the 2nd quarter valued at $626,000.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA:FDVV opened at $59.65 on Friday. The business’s 50-day moving average is $57.75 and its 200 day moving average is $56.35. Fidelity High Dividend ETF has a 1 year low of $42.81 and a 1 year high of $60.12. The firm has a market capitalization of $8.70 billion, a P/E ratio of 17.18 and a beta of 0.92.

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.