Fidelity High Dividend ETF $FDVV Stock Position Lifted by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 485.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,635 shares of the company’s stock after buying an additional 19,597 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $1,306,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in shares of Fidelity High Dividend ETF by 36.8% during the 4th quarter. LPL Financial LLC now owns 6,160,630 shares of the company’s stock valued at $349,246,000 after buying an additional 1,655,768 shares during the period. Raymond James Financial Inc. grew its holdings in shares of Fidelity High Dividend ETF by 62.2% during the 3rd quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after acquiring an additional 635,591 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Fidelity High Dividend ETF by 34.6% in the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after acquiring an additional 572,218 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Fidelity High Dividend ETF by 301.9% in the second quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock worth $27,295,000 after acquiring an additional 394,131 shares during the last quarter. Finally, Core Wealth Advisors LLC purchased a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth $16,927,000.

Fidelity High Dividend ETF Trading Up 0.4%

FDVV opened at $60.34 on Tuesday. The stock has a market cap of $9.38 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1 year low of $51.69 and a 1 year high of $62.06. The stock has a fifty day moving average price of $60.09 and a 200 day moving average price of $58.30.

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.