Fidelity High Dividend ETF $FDVV Holdings Lowered by Regimen Wealth LLC

Regimen Wealth LLC lowered its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 25.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,397 shares of the company’s stock after selling 91,475 shares during the period. Fidelity High Dividend ETF makes up about 4.4% of Regimen Wealth LLC’s investment portfolio, making the stock its 8th biggest position. Regimen Wealth LLC owned approximately 0.18% of Fidelity High Dividend ETF worth $15,102,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. LPL Financial LLC raised its holdings in Fidelity High Dividend ETF by 36.8% during the fourth quarter. LPL Financial LLC now owns 6,160,630 shares of the company’s stock worth $349,246,000 after purchasing an additional 1,655,768 shares during the last quarter. Raymond James Financial Inc. boosted its position in Fidelity High Dividend ETF by 62.2% during the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after purchasing an additional 635,591 shares in the last quarter. Bank of America Corp DE grew its holdings in 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 valued at $124,066,000 after purchasing an additional 572,218 shares during the last quarter. Baer Investment Advisory LLC acquired a new stake in Fidelity High Dividend ETF in the first quarter valued at $30,326,000. Finally, Jane Street Group LLC increased its position 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 valued at $27,295,000 after buying an additional 394,131 shares in the last quarter.

Fidelity High Dividend ETF Stock Down 0.8%

Shares of FDVV stock opened at $62.16 on Friday. The stock has a market cap of $10.02 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a fifty-two week low of $52.86 and a fifty-two week high of $62.71. The business has a fifty day simple moving average of $60.86 and a 200-day simple moving average of $58.76.

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.