US Bancorp DE Increases Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

US Bancorp DE lifted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 36.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,787 shares of the company’s stock after buying an additional 1,290 shares during the period. US Bancorp DE’s holdings in Fidelity High Dividend ETF were worth $239,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. boosted its stake in shares of Fidelity High Dividend ETF by 27.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock worth $12,468,000 after buying an additional 52,434 shares during the last quarter. Kingswood Wealth Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 14.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 6,400 shares of the company’s stock worth $320,000 after buying an additional 803 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of Fidelity High Dividend ETF by 5.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock worth $272,000 after buying an additional 260 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 29.9% in the 3rd quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after buying an additional 3,801 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its holdings in shares of Fidelity High Dividend ETF by 4.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 33,467 shares of the company’s stock worth $1,671,000 after purchasing an additional 1,439 shares during the period.

Fidelity High Dividend ETF Trading Up 1.8 %

NYSEARCA:FDVV opened at $49.72 on Friday. The stock has a market capitalization of $4.72 billion, a PE ratio of 19.05 and a beta of 1.02. The firm’s 50 day moving average is $50.77 and its 200 day moving average is $50.80. Fidelity High Dividend ETF has a 12 month low of $43.34 and a 12 month high of $52.78.

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.