Thoroughbred Financial Services LLC Acquires 12,723 Shares of Fidelity High Dividend ETF $FDVV

Thoroughbred Financial Services LLC boosted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.4% in the third quarter, HoldingsChannel reports. The firm owned 147,895 shares of the company’s stock after purchasing an additional 12,723 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Fidelity High Dividend ETF were worth $8,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of FDVV. Assetmark Inc. raised its position in shares of Fidelity High Dividend ETF by 80.5% in the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock valued at $25,000 after purchasing an additional 211 shares during the period. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the 2nd quarter valued at about $27,000. TD Waterhouse Canada Inc. acquired a new position in Fidelity High Dividend ETF in the 2nd quarter valued at about $32,000. Oakworth Capital Inc. lifted its position in Fidelity High Dividend ETF by 427.5% during the third quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock worth $38,000 after acquiring an additional 560 shares during the last quarter. Finally, Horrell Capital Management Inc. bought a new stake in shares of Fidelity High Dividend ETF during the second quarter worth approximately $39,000.

Fidelity High Dividend ETF Trading Up 0.2%

Shares of NYSEARCA FDVV opened at $59.27 on Wednesday. The firm has a market cap of $8.64 billion, a P/E ratio of 17.18 and a beta of 0.92. The business’s 50 day moving average is $57.85 and its 200-day moving average is $56.46. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $60.12.

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.