12,027 Shares in Fidelity High Dividend ETF $FDVV Bought by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 12,027 shares of the company’s stock, valued at approximately $626,000.

Several other institutional investors also recently modified their holdings of the company. Retirement Planning Group LLC grew its holdings in Fidelity High Dividend ETF by 9.3% during the second quarter. Retirement Planning Group LLC now owns 1,997,711 shares of the company’s stock worth $103,921,000 after purchasing an additional 170,094 shares during the period. Bank of America Corp DE boosted its stake in shares of Fidelity High Dividend ETF by 10.9% during the 2nd quarter. Bank of America Corp DE now owns 1,654,774 shares of the company’s stock worth $86,081,000 after acquiring an additional 162,395 shares during the period. Envestnet Asset Management Inc. increased its holdings in shares of Fidelity High Dividend ETF by 21.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,648,459 shares of the company’s stock worth $85,753,000 after acquiring an additional 287,066 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in Fidelity High Dividend ETF by 13.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,021,750 shares of the company’s stock valued at $53,151,000 after purchasing an additional 117,444 shares during the last quarter. Finally, Cetera Investment Advisers lifted its stake in shares of Fidelity High Dividend ETF by 20.2% during the 2nd quarter. Cetera Investment Advisers now owns 972,004 shares of the company’s stock worth $50,564,000 after buying an additional 163,462 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV opened at $56.62 on Wednesday. The firm has a market cap of $7.44 billion, a P/E ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $57.44. The firm’s 50-day simple moving average is $56.13 and its 200 day simple moving average is $54.57.

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.