Fidelity High Dividend ETF $FDVV Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 157.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 28,562 shares of the company’s stock after buying an additional 17,477 shares during the period. Stratos Wealth Partners LTD.’s holdings in Fidelity High Dividend ETF were worth $1,591,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently bought and sold shares of the company. Assetmark Inc. lifted its stake in shares of Fidelity High Dividend ETF by 80.5% in the 2nd quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after acquiring an additional 211 shares during the period. Darwin Wealth Management LLC purchased a new position in Fidelity High Dividend ETF during the second quarter worth about $27,000. MB Levis & Associates LLC acquired a new stake in Fidelity High Dividend ETF in the second quarter valued at about $28,000. Evermay Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF in the 2nd quarter valued at approximately $31,000. Finally, TD Waterhouse Canada Inc. acquired a new position in Fidelity High Dividend ETF during the 2nd quarter worth approximately $32,000.

Fidelity High Dividend ETF Trading Up 0.1%

Shares of FDVV stock opened at $59.11 on Monday. The stock has a 50 day simple moving average of $57.53 and a 200-day simple moving average of $56.18. The company has a market cap of $8.62 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $60.12.

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.