Dynasty Wealth Management LLC Acquires 88,986 Shares of Fidelity High Dividend ETF $FDVV

Dynasty Wealth Management LLC grew its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 12.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 781,642 shares of the company’s stock after buying an additional 88,986 shares during the quarter. Dynasty Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $44,311,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. increased its stake in Fidelity High Dividend ETF by 62.2% during the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after acquiring an additional 635,591 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Fidelity High Dividend ETF by 34.6% in the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after purchasing an additional 572,218 shares during the period. Jane Street Group LLC increased its position in shares of Fidelity High Dividend ETF by 301.9% during the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after purchasing an additional 394,131 shares during the last quarter. Core Wealth Advisors LLC bought a new position in shares of Fidelity High Dividend ETF during the 4th quarter valued at approximately $16,927,000. Finally, Private Advisor Group LLC raised its holdings in Fidelity High Dividend ETF by 271.0% during the 3rd quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock valued at $22,251,000 after buying an additional 291,754 shares during the period.

Fidelity High Dividend ETF Stock Up 0.0%

Shares of FDVV opened at $61.65 on Wednesday. The company has a market cap of $9.59 billion, a PE ratio of 17.18 and a beta of 0.86. The business has a fifty day moving average of $58.14 and a 200 day moving average of $57.66. Fidelity High Dividend ETF has a 52-week low of $50.36 and a 52-week high of $61.79.

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.