Flagship Wealth Advisors LLC grew its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 17.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 244,858 shares of the company’s stock after purchasing an additional 36,006 shares during the period. Fidelity High Dividend ETF comprises approximately 4.0% of Flagship Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. Flagship Wealth Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $13,881,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of FDVV. Raymond James Financial Inc. increased its stake in Fidelity High Dividend ETF by 62.2% in the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after purchasing an additional 635,591 shares during the period. Bank of America Corp DE increased its stake in Fidelity High Dividend ETF by 34.6% in the third 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 grew 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 worth $27,295,000 after buying an additional 394,131 shares in the last quarter. Core Wealth Advisors LLC bought a new position in shares of Fidelity High Dividend ETF during the 4th quarter worth $16,927,000. Finally, Private Advisor Group LLC grew its position in shares of 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 worth $22,251,000 after buying an additional 291,754 shares in the last quarter.
Fidelity High Dividend ETF Trading Up 0.5%
FDVV opened at $61.26 on Friday. Fidelity High Dividend ETF has a 12-month low of $50.48 and a 12-month high of $61.79. The business’s fifty day simple moving average is $58.54 and its 200-day simple moving average is $57.77. The company has a market capitalization of $9.53 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86.
Fidelity High Dividend ETF Company 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.
Featured Articles
- Five stocks we like better than Fidelity High Dividend ETF
- The Great AI Server Rotation Puts Hewlett Packard Enterprise and Super Micro Computer in Focus
- Generac’s AI Power Pivot Raises a Bigger Question About Data Center Demand
- Medtronic Bottoms, Healthy Rebound Ahead
- GitLab’s Price Recovery Gains Traction—Time to Get On Board?
Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
Receive News & Ratings for Fidelity High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
