BG Investment Services Inc. Purchases 8,914 Shares of Fidelity High Dividend ETF $FDVV

BG Investment Services Inc. grew its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 17.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,710 shares of the company’s stock after buying an additional 8,914 shares during the quarter. Fidelity High Dividend ETF accounts for about 3.9% of BG Investment Services Inc.’s portfolio, making the stock its 6th largest holding. BG Investment Services Inc. owned about 0.05% of Fidelity High Dividend ETF worth $3,106,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC raised its position in Fidelity High Dividend ETF by 80.2% during the first quarter. HighTower Advisors LLC now owns 40,894 shares of the company’s stock valued at $2,028,000 after purchasing an additional 18,196 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its stake in shares of Fidelity High Dividend ETF by 17.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 49,805 shares of the company’s stock valued at $2,470,000 after purchasing an additional 7,400 shares during the last quarter. Private Trust Co. NA acquired a new position in shares of Fidelity High Dividend ETF during the 1st quarter worth $45,000. Barry Investment Advisors LLC raised its holdings in shares of Fidelity High Dividend ETF by 1.4% during the 2nd quarter. Barry Investment Advisors LLC now owns 41,908 shares of the company’s stock worth $2,180,000 after buying an additional 569 shares in the last quarter. Finally, KWB Wealth bought a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter worth $3,470,000.

Fidelity High Dividend ETF Stock Up 0.9%

Fidelity High Dividend ETF stock opened at $55.99 on Tuesday. The stock has a market cap of $7.25 billion, a PE ratio of 17.18 and a beta of 1.01. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $56.20. The business’s 50-day moving average price is $55.27 and its two-hundred day moving average price is $52.18.

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.