Fidelity High Dividend ETF $FDVV Holdings Boosted by Silver Oak Securities Incorporated

Silver Oak Securities Incorporated raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 24.0% in the first quarter, HoldingsChannel.com reports. The fund owned 74,132 shares of the company’s stock after buying an additional 14,334 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Fidelity High Dividend ETF were worth $4,095,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC raised its position 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 lifted its holdings in shares of Fidelity High Dividend ETF by 2.5% in 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 last quarter. Morgan Stanley boosted its position in Fidelity High Dividend ETF by 7.6% during the 4th quarter. Morgan Stanley now owns 2,520,014 shares of the company’s stock valued at $142,860,000 after purchasing an additional 177,157 shares during the period. Retirement Planning Group LLC boosted its position in 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 valued at $131,224,000 after purchasing an additional 115,547 shares during the period. Finally, Bank of America Corp DE grew its stake in 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 buying an additional 572,218 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $60.48 on Thursday. Fidelity High Dividend ETF has a 1-year low of $51.22 and a 1-year high of $62.06. The business’s fifty day moving average price is $59.97 and its two-hundred day moving average price is $58.23. The firm has a market capitalization of $9.40 billion, a PE ratio of 17.18 and a beta of 0.86.

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.