Cetera Investment Advisers raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 15.7% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,017,386 shares of the company’s stock after purchasing an additional 273,148 shares during the quarter. Cetera Investment Advisers owned approximately 1.30% of Fidelity High Dividend ETF worth $111,440,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in FDVV. Federation des caisses Desjardins du Quebec acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $25,000. Monetary Solutions Ltd bought a new stake in Fidelity High Dividend ETF during the fourth quarter worth $26,000. Darwin Wealth Management LLC acquired a new stake in Fidelity High Dividend ETF in the second quarter valued at $27,000. Optima Capital LLC acquired a new stake in Fidelity High Dividend ETF in the fourth quarter valued at $33,000. Finally, Global Assets Advisory LLC bought a new position in shares of Fidelity High Dividend ETF in the 1st quarter valued at about $36,000.
Fidelity High Dividend ETF Price Performance
Fidelity High Dividend ETF stock opened at $61.81 on Friday. The firm has a market capitalization of $10.01 billion, a PE ratio of 17.18 and a beta of 0.86. The company’s 50-day moving average is $61.07 and its 200-day moving average is $58.92. Fidelity High Dividend ETF has a fifty-two week low of $52.86 and a fifty-two week high of $62.71.
About Fidelity High Dividend ETF
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.
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