LPL Financial LLC boosted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 36.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,160,630 shares of the company’s stock after purchasing an additional 1,655,768 shares during the quarter. LPL Financial LLC’s holdings in Fidelity High Dividend ETF were worth $349,246,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of FDVV. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter valued at approximately $27,000. Optima Capital LLC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $33,000. Dunhill Financial LLC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $41,000. Cornerstone Planning Group LLC increased its holdings in shares of Fidelity High Dividend ETF by 641.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 816 shares of the company’s stock valued at $47,000 after acquiring an additional 706 shares during the last quarter. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $57,000.
Fidelity High Dividend ETF Trading Down 0.2%
Shares of NYSEARCA FDVV opened at $60.51 on Tuesday. Fidelity High Dividend ETF has a twelve month low of $50.53 and a twelve month high of $61.79. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The business has a 50 day simple moving average of $58.77 and a 200-day simple moving average of $57.84.
About Fidelity High Dividend ETF
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.
Featured Articles
- Five stocks we like better than Fidelity High Dividend ETF
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
Receive News & Ratings for Fidelity High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
