Barry Investment Advisors LLC Increases Stake in Fidelity High Dividend ETF $FDVV

Barry Investment Advisors LLC increased its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 1.4% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 41,908 shares of the company’s stock after purchasing an additional 569 shares during the period. Barry Investment Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $2,180,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. HighTower Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 80.2% in the 1st quarter. HighTower Advisors LLC now owns 40,894 shares of the company’s stock valued at $2,028,000 after purchasing an additional 18,196 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in shares of Fidelity High Dividend ETF by 17.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 49,805 shares of the company’s stock valued at $2,470,000 after purchasing an additional 7,400 shares in the last quarter. Private Trust Co. NA purchased a new stake in shares of Fidelity High Dividend ETF in the 1st quarter valued at $45,000. NBC Securities Inc. boosted its stake in shares of Fidelity High Dividend ETF by 66,500.0% in the 1st quarter. NBC Securities Inc. now owns 4,662 shares of the company’s stock valued at $231,000 after purchasing an additional 4,655 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Fidelity High Dividend ETF by 2.8% in the 1st quarter. Janney Montgomery Scott LLC now owns 34,398 shares of the company’s stock valued at $1,706,000 after purchasing an additional 931 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of Fidelity High Dividend ETF stock opened at $55.63 on Friday. The company has a fifty day moving average of $54.69 and a 200-day moving average of $51.47. Fidelity High Dividend ETF has a 52-week low of $42.81 and a 52-week high of $55.85. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01.

About Fidelity High Dividend ETF

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.