Rollins Financial Advisors LLC Buys New Stake in Fidelity High Dividend ETF $FDVV

Rollins Financial Advisors LLC bought a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 14,705 shares of the company’s stock, valued at approximately $834,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Retirement Planning Group LLC lifted its holdings in shares of Fidelity High Dividend ETF by 5.3% during the 4th quarter. Retirement Planning Group LLC now owns 2,314,770 shares of the company’s stock valued at $131,224,000 after acquiring an additional 115,547 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Fidelity High Dividend ETF by 34.6% during the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after acquiring an additional 572,218 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Fidelity High Dividend ETF by 11.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 1,840,363 shares of the company’s stock valued at $102,527,000 after acquiring an additional 191,904 shares in the last quarter. Raymond James Financial Inc. lifted its holdings in shares of Fidelity High Dividend ETF by 62.2% during the 3rd quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after acquiring an additional 635,591 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Fidelity High Dividend ETF by 11.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,044,083 shares of the company’s stock valued at $58,166,000 after acquiring an additional 108,544 shares in the last quarter.

Fidelity High Dividend ETF Trading Up 0.3%

NYSEARCA:FDVV opened at $59.42 on Wednesday. The firm has a market capitalization of $9.24 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The firm’s fifty day simple moving average is $57.24 and its 200 day simple moving average is $57.24. Fidelity High Dividend ETF has a twelve month low of $49.10 and a twelve month high of $60.12.

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.