Fidelity High Dividend ETF $FDVV Shares Acquired by Cyndeo Wealth Partners LLC

Cyndeo Wealth Partners LLC raised its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 14.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,187 shares of the company’s stock after purchasing an additional 1,815 shares during the period. Cyndeo Wealth Partners LLC’s holdings in Fidelity High Dividend ETF were worth $738,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. IFP Advisors Inc increased its position in shares of Fidelity High Dividend ETF by 6.6% during the second quarter. IFP Advisors Inc now owns 161,837 shares of the company’s stock worth $8,419,000 after purchasing an additional 10,034 shares in the last quarter. Valmark Advisers Inc. grew its holdings in shares of Fidelity High Dividend ETF by 4.0% during the second quarter. Valmark Advisers Inc. now owns 70,722 shares of the company’s stock valued at $3,679,000 after buying an additional 2,735 shares during the last quarter. Foresight Capital Management Advisors Inc. grew its holdings in shares of Fidelity High Dividend ETF by 3.4% during the second quarter. Foresight Capital Management Advisors Inc. now owns 72,825 shares of the company’s stock valued at $3,788,000 after buying an additional 2,389 shares during the last quarter. Valley National Advisers Inc. grew its holdings in shares of Fidelity High Dividend ETF by 10.6% during the second quarter. Valley National Advisers Inc. now owns 7,945 shares of the company’s stock valued at $413,000 after buying an additional 762 shares during the last quarter. Finally, DAVENPORT & Co LLC grew its holdings in shares of Fidelity High Dividend ETF by 277.1% during the second quarter. DAVENPORT & Co LLC now owns 26,292 shares of the company’s stock valued at $1,368,000 after buying an additional 19,320 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $54.66 on Friday. The firm has a market capitalization of $7.00 billion, a PE ratio of 17.18 and a beta of 1.01. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $56.20. The company’s fifty day moving average price is $55.07 and its 200-day moving average price is $51.86.

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.