Fidelity High Dividend ETF $FDVV Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 20.2% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 579,605 shares of the company’s stock after purchasing an additional 97,310 shares during the period. Private Advisor Group LLC’s holdings in Fidelity High Dividend ETF were worth $32,017,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Sound Income Strategies LLC increased its stake in Fidelity High Dividend ETF by 8.8% in the 1st quarter. Sound Income Strategies LLC now owns 10,114 shares of the company’s stock worth $560,000 after purchasing an additional 820 shares in the last quarter. Axis Wealth Partners LLC lifted its stake in Fidelity High Dividend ETF by 0.6% during the first quarter. Axis Wealth Partners LLC now owns 67,510 shares of the company’s stock valued at $3,729,000 after buying an additional 435 shares in the last quarter. Mayflower Financial Advisors LLC boosted its holdings in shares of Fidelity High Dividend ETF by 485.3% in the first quarter. Mayflower Financial Advisors LLC now owns 23,635 shares of the company’s stock worth $1,306,000 after buying an additional 19,597 shares during the period. Pathway Financial Advisers LLC boosted its holdings in shares of Fidelity High Dividend ETF by 1.3% in the first quarter. Pathway Financial Advisers LLC now owns 133,693 shares of the company’s stock worth $7,385,000 after buying an additional 1,694 shares during the period. Finally, Flagstar Advisors Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 13.8% in the first quarter. Flagstar Advisors Inc. now owns 75,315 shares of the company’s stock worth $4,160,000 after buying an additional 9,137 shares during the period.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $61.28 on Friday. Fidelity High Dividend ETF has a fifty-two week low of $52.48 and a fifty-two week high of $62.06. The firm’s 50 day simple moving average is $60.25 and its 200-day simple moving average is $58.39. The company has a market cap of $9.90 billion, a P/E ratio of 17.18 and a beta of 0.86.

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.