Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 43.7% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 32,028 shares of the company’s stock after acquiring an additional 9,736 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.06% of Fidelity High Dividend ETF worth $1,622,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FDVV. EverSource Wealth Advisors LLC purchased a new stake in Fidelity High Dividend ETF in the 1st quarter valued at about $35,000. Hantz Financial Services Inc. purchased a new position in Fidelity High Dividend ETF during the second quarter worth approximately $51,000. ICA Group Wealth Management LLC raised its stake in Fidelity High Dividend ETF by 105.5% during the second quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock worth $142,000 after purchasing an additional 1,555 shares during the period. Larson Financial Group LLC boosted its holdings in shares of Fidelity High Dividend ETF by 6,777.4% in the 2nd quarter. Larson Financial Group LLC now owns 4,264 shares of the company’s stock valued at $199,000 after purchasing an additional 4,202 shares during the last quarter. Finally, First Foundation Advisors acquired a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth $204,000.

Fidelity High Dividend ETF Trading Up 0.1 %

FDVV stock opened at $51.69 on Thursday. The company has a market cap of $2.98 billion, a PE ratio of 11.51 and a beta of 0.82. The stock has a 50-day moving average price of $50.57 and a two-hundred day moving average price of $48.49. Fidelity High Dividend ETF has a 12-month low of $39.30 and a 12-month high of $52.17.

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.