B. Riley Wealth Advisors Inc. Boosts Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

B. Riley Wealth Advisors Inc. lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 40.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,570 shares of the company’s stock after buying an additional 6,803 shares during the quarter. B. Riley Wealth Advisors Inc. owned approximately 0.06% of Fidelity High Dividend ETF worth $997,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Core Wealth Advisors Inc. grew its position in shares of Fidelity High Dividend ETF by 2.4% during the fourth quarter. Core Wealth Advisors Inc. now owns 11,425 shares of the company’s stock worth $483,000 after buying an additional 272 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of Fidelity High Dividend ETF by 3.7% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,680 shares of the company’s stock worth $367,000 after buying an additional 310 shares in the last quarter. Householder Group Estate & Retirement Specialist LLC boosted its holdings in Fidelity High Dividend ETF by 11.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock worth $159,000 after purchasing an additional 388 shares during the period. Steward Partners Investment Advisory LLC boosted its holdings in Fidelity High Dividend ETF by 4.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 14,128 shares of the company’s stock worth $597,000 after purchasing an additional 608 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new position in Fidelity High Dividend ETF in the fourth quarter worth $27,000.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $47.50 on Friday. The company has a market cap of $2.74 billion, a PE ratio of 11.51 and a beta of 0.82. The company has a fifty day moving average price of $45.80 and a two-hundred day moving average price of $44.11. Fidelity High Dividend ETF has a 12 month low of $36.94 and a 12 month high of $47.77.

Fidelity High Dividend ETF 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.