Cullen Frost Bankers Inc. Has $1.33 Million Position in Fidelity High Dividend ETF $FDVV

Cullen Frost Bankers Inc. boosted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,568 shares of the company’s stock after buying an additional 569 shares during the period. Cullen Frost Bankers Inc.’s holdings in Fidelity High Dividend ETF were worth $1,330,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of FDVV. Wealth Enhancement Advisory Services LLC raised its holdings in Fidelity High Dividend ETF by 22.3% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 106,876 shares of the company’s stock worth $5,301,000 after buying an additional 19,485 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in Fidelity High Dividend ETF by 2.8% during the first quarter. Janney Montgomery Scott LLC now owns 34,398 shares of the company’s stock worth $1,706,000 after buying an additional 931 shares during the last quarter. Oppenheimer & Co. Inc. raised its holdings in Fidelity High Dividend ETF by 11.5% during the first quarter. Oppenheimer & Co. Inc. now owns 80,617 shares of the company’s stock worth $3,999,000 after buying an additional 8,339 shares during the last quarter. Daymark Wealth Partners LLC raised its holdings in Fidelity High Dividend ETF by 284.2% during the first quarter. Daymark Wealth Partners LLC now owns 15,873 shares of the company’s stock worth $787,000 after buying an additional 11,742 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its holdings in Fidelity High Dividend ETF by 7.5% during the first quarter. Perigon Wealth Management LLC now owns 24,008 shares of the company’s stock worth $1,191,000 after buying an additional 1,685 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.1%

FDVV opened at $55.86 on Friday. The company’s fifty day moving average price is $55.34 and its two-hundred day moving average price is $52.31. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $56.20. The company has a market cap of $7.26 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01.

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.