Waverly Advisors LLC raised its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 128.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,455 shares of the company’s stock after buying an additional 25,574 shares during the quarter. Waverly Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $2,740,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in FDVV. Royal Bank of Canada boosted its stake in shares of Fidelity High Dividend ETF by 6.0% during the first quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock valued at $5,373,000 after acquiring an additional 6,174 shares during the last quarter. Brown Advisory Inc. purchased a new position in Fidelity High Dividend ETF in the 2nd quarter valued at about $320,000. Qube Research & Technologies Ltd boosted its stake in shares of Fidelity High Dividend ETF by 95.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 18,761 shares of the company’s stock worth $976,000 after purchasing an additional 9,169 shares during the last quarter. NewEdge Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 49.8% during the 2nd quarter. NewEdge Advisors LLC now owns 112,833 shares of the company’s stock worth $5,870,000 after purchasing an additional 37,501 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Fidelity High Dividend ETF during the second quarter worth about $27,000.
Fidelity High Dividend ETF Price Performance
NYSEARCA:FDVV opened at $63.18 on Friday. The firm has a 50 day simple moving average of $62.93 and a 200-day simple moving average of $60.20. The firm has a market cap of $10.25 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1-year low of $53.77 and a 1-year high of $64.54.
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.
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