AssuredPartners Investment Advisors LLC Buys 14,436 Shares of Fidelity High Dividend ETF $FDVV

AssuredPartners Investment Advisors LLC increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 374,352 shares of the company’s stock after purchasing an additional 14,436 shares during the period. Fidelity High Dividend ETF makes up 4.6% of AssuredPartners Investment Advisors LLC’s holdings, making the stock its 2nd largest position. AssuredPartners Investment Advisors LLC owned approximately 0.29% of Fidelity High Dividend ETF worth $20,855,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. HighTower Advisors LLC raised its holdings in shares of Fidelity High Dividend ETF by 80.2% in the first 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 during the last quarter. Foundations Investment Advisors LLC increased its stake in Fidelity High Dividend ETF by 34.3% in the 2nd quarter. Foundations Investment Advisors LLC now owns 23,916 shares of the company’s stock valued at $1,244,000 after buying an additional 6,102 shares during the last quarter. Allworth Financial LP lifted its position in Fidelity High Dividend ETF by 4.8% during the 2nd quarter. Allworth Financial LP now owns 547,991 shares of the company’s stock worth $28,506,000 after buying an additional 25,216 shares in the last quarter. Advyzon Investment Management LLC bought a new stake in Fidelity High Dividend ETF during the 2nd quarter worth about $344,000. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Fidelity High Dividend ETF by 55.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 53,594 shares of the company’s stock worth $2,788,000 after buying an additional 19,196 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $56.99 on Tuesday. The business has a 50-day moving average of $56.11 and a 200-day moving average of $54.53. The stock has a market capitalization of $7.49 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week 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.