Pathfinder Wealth Consulting Inc. Takes Position in Fidelity High Dividend ETF $FDVV

Pathfinder Wealth Consulting Inc. purchased a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 19,749 shares of the company’s stock, valued at approximately $1,120,000.

Several other institutional investors also recently modified their holdings of the business. Retirement Planning Group LLC boosted its position in shares of Fidelity High Dividend ETF by 5.3% during the fourth quarter. Retirement Planning Group LLC now owns 2,314,770 shares of the company’s stock valued at $131,224,000 after buying an additional 115,547 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Fidelity High Dividend ETF by 34.6% during the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after buying an additional 572,218 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Fidelity High Dividend ETF by 11.6% during the third quarter. Envestnet Asset Management Inc. now owns 1,840,363 shares of the company’s stock valued at $102,527,000 after buying an additional 191,904 shares during the last quarter. Raymond James Financial Inc. boosted its position in shares of 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 valued at $92,330,000 after buying an additional 635,591 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of Fidelity High Dividend ETF by 11.6% during the third quarter. JPMorgan Chase & Co. now owns 1,044,083 shares of the company’s stock valued at $58,166,000 after buying an additional 108,544 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $60.70 on Friday. Fidelity High Dividend ETF has a one year low of $49.10 and a one year high of $60.78. The stock has a market capitalization of $9.44 billion, a PE ratio of 17.18 and a beta of 0.86. The business’s fifty day moving average is $57.55 and its 200 day moving average is $57.43.

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.