Nations Financial Group Inc. IA ADV Has $239,000 Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Nations Financial Group Inc. IA ADV raised its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 6.2% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,110 shares of the company’s stock after acquiring an additional 300 shares during the period. Nations Financial Group Inc. IA ADV’s holdings in Fidelity High Dividend ETF were worth $239,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new position in Fidelity High Dividend ETF in the 4th quarter valued at $27,000. EverSource Wealth Advisors LLC acquired a new position in shares of Fidelity High Dividend ETF in the first quarter valued at about $35,000. LifeSteps Financial Inc. bought a new position in Fidelity High Dividend ETF during the first quarter worth about $39,000. ICA Group Wealth Management LLC acquired a new stake in Fidelity High Dividend ETF in the 4th quarter worth about $86,000. Finally, Valley National Advisers Inc. boosted its holdings in Fidelity High Dividend ETF by 19.1% in the 1st quarter. Valley National Advisers Inc. now owns 3,042 shares of the company’s stock valued at $137,000 after purchasing an additional 487 shares during the period.

Fidelity High Dividend ETF Trading Up 0.7 %

Shares of FDVV opened at $50.09 on Friday. Fidelity High Dividend ETF has a 12 month low of $36.94 and a 12 month high of $50.15. The firm’s 50 day moving average is $48.10 and its 200-day moving average is $46.17. The stock has a market capitalization of $2.89 billion, a PE ratio of 11.51 and a beta of 0.82.

Fidelity High Dividend ETF 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.