Unique Wealth LLC Purchases 13,520 Shares of Fidelity High Dividend ETF $FDVV

Unique Wealth LLC increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.7% during the 2nd quarter, Holdings Channel reports. The firm owned 140,013 shares of the company’s stock after acquiring an additional 13,520 shares during the period. Fidelity High Dividend ETF comprises 1.0% of Unique Wealth LLC’s investment portfolio, making the stock its 26th biggest position. Unique Wealth LLC’s holdings in Fidelity High Dividend ETF were worth $8,441,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in Fidelity High Dividend ETF by 6.0% in the 1st quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock worth $5,373,000 after buying an additional 6,174 shares during the period. Brown Advisory Inc. bought a new stake in Fidelity High Dividend ETF during the second quarter valued at about $320,000. Qube Research & Technologies Ltd lifted its position in shares of Fidelity High Dividend ETF by 95.6% in the second quarter. Qube Research & Technologies Ltd now owns 18,761 shares of the company’s stock valued at $976,000 after acquiring an additional 9,169 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of Fidelity High Dividend ETF by 49.8% during the second quarter. NewEdge Advisors LLC now owns 112,833 shares of the company’s stock worth $5,870,000 after purchasing an additional 37,501 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Fidelity High Dividend ETF during the second quarter worth about $27,000.

Fidelity High Dividend ETF Trading Down 0.5%

Shares of FDVV opened at $63.44 on Friday. The business’s 50 day moving average is $62.71 and its 200 day moving average is $60.08. Fidelity High Dividend ETF has a 12-month low of $53.77 and a 12-month high of $64.54. The company has a market capitalization of $10.30 billion, a PE 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.