Fidelity High Dividend ETF $FDVV Shares Acquired by Advisory Services Network LLC

Advisory Services Network LLC increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 15.3% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 157,024 shares of the company’s stock after acquiring an additional 20,797 shares during the period. Advisory Services Network LLC owned approximately 0.14% of Fidelity High Dividend ETF worth $8,405,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jane Street Group LLC raised its stake in shares of Fidelity High Dividend ETF by 301.9% during the second quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after purchasing an additional 394,131 shares during the period. Arkadios Wealth Advisors grew its holdings in Fidelity High Dividend ETF by 369.2% during the 2nd quarter. Arkadios Wealth Advisors now owns 500,499 shares of the company’s stock valued at $26,036,000 after purchasing an additional 393,830 shares in the last quarter. Regimen Wealth LLC purchased a new stake in Fidelity High Dividend ETF during the 2nd quarter worth $19,200,000. Raymond James Financial Inc. increased its stake in Fidelity High Dividend ETF by 62.6% during the 1st quarter. Raymond James Financial Inc. now owns 904,306 shares of the company’s stock worth $44,854,000 after buying an additional 347,988 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in Fidelity High Dividend ETF by 21.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,648,459 shares of the company’s stock worth $85,753,000 after buying an additional 287,066 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

NYSEARCA:FDVV opened at $57.01 on Monday. The firm has a 50-day moving average of $56.09 and a two-hundred day moving average of $54.48. The stock has a market cap of $7.49 billion, a P/E ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $57.44.

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.