bLong Financial LLC bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 12,376 shares of the company’s stock, valued at approximately $684,000.
A number of other institutional investors have also added to or reduced their stakes in FDVV. LPL Financial LLC lifted its position in shares of Fidelity High Dividend ETF by 36.8% in the 4th quarter. LPL Financial LLC now owns 6,160,630 shares of the company’s stock worth $349,246,000 after purchasing an additional 1,655,768 shares during the period. Raymond James Financial Inc. increased its holdings in Fidelity High Dividend ETF by 62.2% during the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after buying an additional 635,591 shares during the period. Bank of America Corp DE increased its holdings in Fidelity High Dividend ETF by 34.6% during the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after buying an additional 572,218 shares during the period. Jane Street Group LLC raised its stake in Fidelity High Dividend ETF by 301.9% in the second quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock worth $27,295,000 after buying an additional 394,131 shares in the last quarter. Finally, Core Wealth Advisors LLC bought a new position in Fidelity High Dividend ETF in the fourth quarter worth approximately $16,927,000.
Fidelity High Dividend ETF Stock Down 0.8%
Fidelity High Dividend ETF stock opened at $59.97 on Friday. The firm has a market cap of $9.33 billion, a P/E ratio of 17.18 and a beta of 0.86. The business has a fifty day moving average of $60.02 and a two-hundred day moving average of $58.25. Fidelity High Dividend ETF has a twelve month low of $51.41 and a twelve month high of $62.06.
Fidelity High Dividend ETF Company 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.
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