Fidelity High Dividend ETF (NYSEARCA:FDVV) Stock Position Raised by Certified Advisory Corp

Certified Advisory Corp increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 62.7% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 22,993 shares of the company’s stock after acquiring an additional 8,859 shares during the quarter. Certified Advisory Corp’s holdings in Fidelity High Dividend ETF were worth $1,076,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Commonwealth Equity Services LLC raised its stake in Fidelity High Dividend ETF by 10.7% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,480,597 shares of the company’s stock valued at $116,042,000 after purchasing an additional 239,665 shares during the period. Osaic Holdings Inc. raised its position in Fidelity High Dividend ETF by 17.2% during the first quarter. Osaic Holdings Inc. now owns 1,163,964 shares of the company’s stock valued at $52,744,000 after buying an additional 170,970 shares during the period. Envestnet Asset Management Inc. lifted its stake in Fidelity High Dividend ETF by 35.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock worth $47,739,000 after acquiring an additional 268,292 shares in the last quarter. Kestra Advisory Services LLC boosted its position in Fidelity High Dividend ETF by 40.1% during the 1st quarter. Kestra Advisory Services LLC now owns 618,263 shares of the company’s stock worth $28,013,000 after acquiring an additional 176,990 shares during the period. Finally, Wells Fargo & Company MN grew its stake in Fidelity High Dividend ETF by 27.5% during the 4th quarter. Wells Fargo & Company MN now owns 474,633 shares of the company’s stock valued at $20,068,000 after acquiring an additional 102,369 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $50.30 on Tuesday. The business’s 50-day moving average is $48.82 and its 200-day moving average is $46.88. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $36.94 and a fifty-two week high of $50.63.

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.