Fidelity High Dividend ETF $FDVV Position Raised by Victory Financial Group LLC

Victory Financial Group LLC lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 6.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 486,346 shares of the company’s stock after acquiring an additional 28,960 shares during the period. Fidelity High Dividend ETF comprises 3.5% of Victory Financial Group LLC’s investment portfolio, making the stock its 5th biggest holding. Victory Financial Group LLC’s holdings in Fidelity High Dividend ETF were worth $27,571,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF in the 2nd quarter valued at $27,000. Oakworth Capital Inc. boosted its holdings in Fidelity High Dividend ETF by 427.5% during the third quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock worth $38,000 after buying an additional 560 shares in the last quarter. Trust Co. of Vermont acquired a new stake in Fidelity High Dividend ETF during the third quarter valued at $41,000. TD Waterhouse Canada Inc. increased its holdings in Fidelity High Dividend ETF by 59.4% in the third quarter. TD Waterhouse Canada Inc. now owns 974 shares of the company’s stock valued at $55,000 after buying an additional 363 shares in the last quarter. Finally, Capital Investment Advisory Services LLC increased its holdings in Fidelity High Dividend ETF by 83.3% in the third quarter. Capital Investment Advisory Services LLC now owns 1,140 shares of the company’s stock valued at $64,000 after buying an additional 518 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of Fidelity High Dividend ETF stock opened at $55.24 on Wednesday. The firm has a 50-day simple moving average of $57.65 and a two-hundred day simple moving average of $56.75. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $60.12. The company has a market cap of $8.05 billion, a P/E ratio of 17.18 and a beta of 0.92.

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.