Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Purchased by PFG Advisors

PFG Advisors boosted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 49.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 18,828 shares of the company’s stock after purchasing an additional 6,193 shares during the period. PFG Advisors’ holdings in Fidelity High Dividend ETF were worth $940,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Independent Advisor Alliance acquired a new stake in Fidelity High Dividend ETF in the 4th quarter valued at approximately $44,154,000. Childress Capital Advisors LLC boosted its position in Fidelity High Dividend ETF by 0.4% in the 4th quarter. Childress Capital Advisors LLC now owns 762,686 shares of the company’s stock valued at $38,089,000 after buying an additional 2,977 shares during the period. McIlrath & Eck LLC boosted its position in Fidelity High Dividend ETF by 14.8% in the 3rd quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock valued at $29,320,000 after buying an additional 74,731 shares during the period. Raymond James Financial Inc. purchased a new position in Fidelity High Dividend ETF in the 4th quarter valued at approximately $27,783,000. Finally, Allworth Financial LP boosted its position in Fidelity High Dividend ETF by 8.8% in the 4th quarter. Allworth Financial LP now owns 510,021 shares of the company’s stock valued at $26,088,000 after buying an additional 41,384 shares during the period.

Fidelity High Dividend ETF Stock Down 0.9 %

Shares of FDVV stock opened at $48.86 on Friday. Fidelity High Dividend ETF has a 52 week low of $43.34 and a 52 week high of $52.78. The stock has a market capitalization of $4.64 billion, a PE ratio of 19.05 and a beta of 1.02. The firm has a 50 day moving average of $50.78 and a two-hundred day moving average of $50.80.

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.