Stifel Financial Corp Raises Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Stifel Financial Corp boosted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 243,053 shares of the company’s stock after acquiring an additional 68,662 shares during the period. Stifel Financial Corp owned 0.42% of Fidelity High Dividend ETF worth $12,138,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of FDVV. Tidemark LLC purchased a new stake in shares of Fidelity High Dividend ETF during the 4th quarter valued at $29,000. Roxbury Financial LLC purchased a new stake in Fidelity High Dividend ETF in the fourth quarter valued at about $62,000. Archer Investment Corp acquired a new stake in Fidelity High Dividend ETF in the fourth quarter worth about $98,000. Avion Wealth purchased a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth about $128,000. Finally, Financial Perspectives Inc acquired a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at about $168,000.

Fidelity High Dividend ETF Stock Up 0.4 %

FDVV stock opened at $47.70 on Friday. The stock has a market capitalization of $4.67 billion, a PE ratio of 16.43 and a beta of 0.93. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $52.78. The firm has a 50 day moving average of $48.75 and a 200 day moving average of $50.30.

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.