IFP Advisors Inc boosted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 5.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 278,832 shares of the company’s stock after acquiring an additional 15,498 shares during the period. IFP Advisors Inc’s holdings in Fidelity High Dividend ETF were worth $16,933,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of FDVV. Monetary Solutions Ltd bought a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $26,000. Global Assets Advisory LLC acquired a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth approximately $36,000. Horrell Capital Management Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter worth approximately $46,000. Bessemer Group Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 1st quarter worth approximately $56,000. Finally, Meramec Financial Planners LLC bought a new stake in shares of Fidelity High Dividend ETF in the 1st quarter worth approximately $63,000.
Fidelity High Dividend ETF Price Performance
NYSEARCA:FDVV opened at $61.68 on Friday. Fidelity High Dividend ETF has a 12-month low of $53.77 and a 12-month high of $64.54. The firm has a market capitalization of $10.35 billion, a P/E ratio of 17.18 and a beta of 0.86. The business has a 50 day simple moving average of $62.51 and a 200 day simple moving average of $61.03.
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.
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