Retirement Planning Group LLC Purchases 217,772 Shares of Fidelity High Dividend ETF $FDVV

Retirement Planning Group LLC lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 2,532,542 shares of the company’s stock after purchasing an additional 217,772 shares during the period. Fidelity High Dividend ETF comprises about 4.3% of Retirement Planning Group LLC’s holdings, making the stock its 8th largest position. Retirement Planning Group LLC’s holdings in Fidelity High Dividend ETF were worth $139,898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada lifted its holdings in Fidelity High Dividend ETF by 6.0% during the 1st quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock worth $5,373,000 after buying an additional 6,174 shares during the last quarter. Brown Advisory Inc. purchased a new position in shares of Fidelity High Dividend ETF in the 2nd quarter valued at about $320,000. Qube Research & Technologies Ltd raised its position in shares of Fidelity High Dividend ETF by 95.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 18,761 shares of the company’s stock worth $976,000 after acquiring an additional 9,169 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Fidelity High Dividend ETF by 49.8% during the second quarter. NewEdge Advisors LLC now owns 112,833 shares of the company’s stock worth $5,870,000 after purchasing an additional 37,501 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF during the second quarter worth approximately $27,000.

Fidelity High Dividend ETF Stock Down 0.3%

Shares of Fidelity High Dividend ETF stock opened at $61.94 on Tuesday. The firm has a market capitalization of $10.00 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 52 week low of $52.48 and a 52 week high of $62.40. The firm’s 50 day moving average is $60.62 and its two-hundred day moving average is $58.62.

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.