Fidelity High Dividend ETF $FDVV Shares Purchased by Waverly Advisors LLC

Waverly Advisors LLC increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 128.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,455 shares of the company’s stock after buying an additional 25,574 shares during the quarter. Waverly Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $2,740,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. LPL Financial LLC lifted its position in shares of Fidelity High Dividend ETF by 36.8% during the fourth 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 in the last quarter. Commonwealth Equity Services LLC grew its holdings in Fidelity High Dividend ETF by 2.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,034,654 shares of the company’s stock valued at $172,035,000 after purchasing an additional 75,387 shares in the last quarter. Retirement Planning Group LLC increased its stake in Fidelity High Dividend ETF by 9.4% during the 1st quarter. Retirement Planning Group LLC now owns 2,532,542 shares of the company’s stock worth $139,898,000 after buying an additional 217,772 shares during the period. Morgan Stanley increased its stake in Fidelity High Dividend ETF by 7.6% during the 4th quarter. Morgan Stanley now owns 2,520,014 shares of the company’s stock worth $142,860,000 after buying an additional 177,157 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Fidelity High Dividend ETF by 4.6% in the 1st quarter. Bank of America Corp DE now owns 2,367,217 shares of the company’s stock worth $130,765,000 after buying an additional 104,028 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

NYSEARCA:FDVV opened at $63.18 on Friday. The firm has a 50-day moving average of $62.93 and a two-hundred day moving average of $60.20. The stock has a market cap of $10.25 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1-year low of $53.77 and a 1-year high of $64.54.

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.