Oppenheimer & Co. Inc. Takes Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Oppenheimer & Co. Inc. bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVVFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,822 shares of the company’s stock, valued at approximately $225,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sweeney & Michel LLC raised its stake in Fidelity High Dividend ETF by 1.4% during the 2nd quarter. Sweeney & Michel LLC now owns 18,955 shares of the company’s stock worth $772,000 after acquiring an additional 266 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity High Dividend ETF by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,268 shares of the company’s stock valued at $420,000 after purchasing an additional 277 shares during the last quarter. FSC Wealth Advisors LLC boosted its position in shares of Fidelity High Dividend ETF by 7.0% in the 3rd quarter. FSC Wealth Advisors LLC now owns 4,336 shares of the company’s stock valued at $167,000 after purchasing an additional 283 shares during the period. Gladstone Institutional Advisory LLC increased its position in Fidelity High Dividend ETF by 1.2% during the first quarter. Gladstone Institutional Advisory LLC now owns 27,382 shares of the company’s stock worth $1,043,000 after buying an additional 322 shares during the period. Finally, Baird Financial Group Inc. lifted its stake in Fidelity High Dividend ETF by 4.8% in the third quarter. Baird Financial Group Inc. now owns 7,442 shares of the company’s stock valued at $246,000 after buying an additional 339 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.5 %

FDVV stock opened at $43.39 on Tuesday. The company has a market capitalization of $1.76 billion, a P/E ratio of 10.36 and a beta of 1.01. The business has a 50 day simple moving average of $42.29 and a 200-day simple moving average of $40.53. Fidelity High Dividend ETF has a twelve month low of $36.08 and a twelve month high of $43.57.

Fidelity High Dividend ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Fidelity High Dividend ETF (NYSEARCA:FDVV)

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