Fidelity High Dividend ETF $FDVV Shares Purchased by AA Financial Advisors LLC

AA Financial Advisors LLC raised its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 17.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 376,204 shares of the company’s stock after purchasing an additional 55,029 shares during the quarter. Fidelity High Dividend ETF makes up approximately 2.7% of AA Financial Advisors LLC’s holdings, making the stock its 8th largest holding. AA Financial Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $22,847,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Baer Investment Advisory LLC bought a new stake in Fidelity High Dividend ETF in the 1st quarter valued at $30,326,000. Royal Bank of Canada increased its holdings in Fidelity High Dividend ETF by 246.4% during the 1st quarter. Royal Bank of Canada now owns 595,227 shares of the company’s stock worth $32,881,000 after purchasing an additional 423,383 shares in the last quarter. Summit Financial Wealth Advisors LLC bought a new position in Fidelity High Dividend ETF during the 3rd quarter worth about $17,577,000. Cetera Investment Advisers increased its holdings in Fidelity High Dividend ETF by 15.7% during the 1st quarter. Cetera Investment Advisers now owns 2,017,386 shares of the company’s stock worth $111,440,000 after purchasing an additional 273,148 shares in the last quarter. Finally, Retirement Planning Group LLC raised its stake in shares of Fidelity High Dividend ETF by 9.4% in the 1st quarter. Retirement Planning Group LLC now owns 2,532,542 shares of the company’s stock valued at $139,898,000 after purchasing an additional 217,772 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of FDVV traded down $0.31 during midday trading on Monday, hitting $61.37. The stock had a trading volume of 477,454 shares, compared to its average volume of 856,333. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The company has a 50 day simple moving average of $62.51 and a two-hundred day simple moving average of $61.08. Fidelity High Dividend ETF has a twelve month low of $53.77 and a twelve month high of $64.54.

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.