Fidelity High Dividend ETF $FDVV Shares Bought by Landing Point Financial Group LLC

Landing Point Financial Group LLC grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 481,964 shares of the company’s stock after buying an additional 25,249 shares during the quarter. Fidelity High Dividend ETF makes up approximately 13.6% of Landing Point Financial Group LLC’s portfolio, making the stock its 2nd largest holding. Landing Point Financial Group LLC’s holdings in Fidelity High Dividend ETF were worth $27,323,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Base Wealth Management LLC lifted its position in shares of Fidelity High Dividend ETF by 27.5% during the 4th quarter. Base Wealth Management LLC now owns 144,060 shares of the company’s stock worth $8,167,000 after purchasing an additional 31,041 shares during the last quarter. Savvy Advisors Inc. raised its holdings in Fidelity High Dividend ETF by 55.6% in the 4th quarter. Savvy Advisors Inc. now owns 50,482 shares of the company’s stock valued at $2,862,000 after acquiring an additional 18,037 shares in the last quarter. Sovran Advisors LLC raised its holdings in Fidelity High Dividend ETF by 214.7% in the 4th quarter. Sovran Advisors LLC now owns 34,774 shares of the company’s stock valued at $1,999,000 after acquiring an additional 23,725 shares in the last quarter. Childress Capital Advisors LLC raised its holdings in Fidelity High Dividend ETF by 4.8% in the 4th quarter. Childress Capital Advisors LLC now owns 804,703 shares of the company’s stock valued at $45,619,000 after acquiring an additional 36,855 shares in the last quarter. Finally, Focus Financial Network Inc. acquired a new position in Fidelity High Dividend ETF in the 4th quarter valued at approximately $659,000.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $60.64 on Monday. The business has a 50 day moving average price of $58.65 and a two-hundred day moving average price of $57.81. The stock has a market cap of $9.43 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12 month low of $50.53 and a 12 month high of $61.79.

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.