Orion Porfolio Solutions LLC Purchases 24,529 Shares of Fidelity High Dividend ETF $FDVV

Orion Porfolio Solutions LLC raised its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 27.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,312 shares of the company’s stock after buying an additional 24,529 shares during the quarter. Orion Porfolio Solutions LLC owned about 0.09% of Fidelity High Dividend ETF worth $6,313,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Assetmark Inc. raised its stake in Fidelity High Dividend ETF by 80.5% in the 2nd quarter. Assetmark Inc. now owns 473 shares of the company’s stock valued at $25,000 after acquiring an additional 211 shares during the period. Darwin Wealth Management LLC purchased a new position in shares of Fidelity High Dividend ETF in the second quarter worth about $27,000. TD Waterhouse Canada Inc. bought a new stake in shares of Fidelity High Dividend ETF in the second quarter valued at approximately $32,000. Oakworth Capital Inc. lifted its stake in shares of Fidelity High Dividend ETF by 427.5% during the 3rd quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock valued at $38,000 after buying an additional 560 shares in the last quarter. Finally, Trust Co. of Vermont bought a new position in Fidelity High Dividend ETF in the 3rd quarter worth approximately $41,000.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $57.39 on Friday. The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. The company’s fifty day simple moving average is $58.14 and its two-hundred day simple moving average is $56.65. Fidelity High Dividend ETF has a 1 year low of $42.81 and a 1 year 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.