Cetera Investment Advisers Has $111.44 Million Position in Fidelity High Dividend ETF $FDVV

Cetera Investment Advisers boosted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 15.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,017,386 shares of the company’s stock after acquiring an additional 273,148 shares during the period. Cetera Investment Advisers’ holdings in Fidelity High Dividend ETF were worth $111,440,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in FDVV. Federation des caisses Desjardins du Quebec bought a new position in Fidelity High Dividend ETF during the fourth quarter worth $25,000. Monetary Solutions Ltd acquired a new stake in shares of Fidelity High Dividend ETF during the 4th quarter worth about $26,000. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter worth about $27,000. Optima Capital LLC bought a new stake in shares of Fidelity High Dividend ETF during the 4th quarter worth about $33,000. Finally, Global Assets Advisory LLC bought a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth about $36,000.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV opened at $61.81 on Friday. Fidelity High Dividend ETF has a 52 week low of $52.86 and a 52 week high of $62.71. The firm has a market cap of $10.01 billion, a P/E ratio of 17.18 and a beta of 0.86. The firm’s 50-day simple moving average is $61.07 and its 200 day simple moving average is $58.92.

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.