World Investment Advisors Boosts Holdings in Fidelity High Dividend ETF $FDVV

World Investment Advisors raised its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 23.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 282,582 shares of the company’s stock after acquiring an additional 53,737 shares during the period. World Investment Advisors’ holdings in Fidelity High Dividend ETF were worth $16,020,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. LPL Financial LLC grew its holdings in shares of Fidelity High Dividend ETF by 36.8% during the 4th 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 period. Commonwealth Equity Services LLC grew its holdings in shares of Fidelity High Dividend ETF by 2.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,034,654 shares of the company’s stock worth $172,035,000 after purchasing an additional 75,387 shares during the period. Morgan Stanley grew its holdings in shares of Fidelity High Dividend ETF by 7.6% during the 4th quarter. Morgan Stanley now owns 2,520,014 shares of the company’s stock worth $142,860,000 after purchasing an additional 177,157 shares during the period. Retirement Planning Group LLC grew its holdings in shares of Fidelity High Dividend ETF by 5.3% during the 4th quarter. Retirement Planning Group LLC now owns 2,314,770 shares of the company’s stock worth $131,224,000 after purchasing an additional 115,547 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Fidelity High Dividend ETF by 34.6% during the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after purchasing an additional 572,218 shares during the period.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA:FDVV opened at $57.38 on Friday. Fidelity High Dividend ETF has a 1 year low of $44.32 and a 1 year high of $60.12. The stock has a market capitalization of $8.87 billion, a P/E ratio of 17.18 and a beta of 0.90. The stock has a 50-day simple moving average of $57.43 and a 200-day simple moving average of $56.76.

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.