Flagship Wealth Advisors LLC Buys 20,323 Shares of Fidelity High Dividend ETF $FDVV

Flagship Wealth Advisors LLC grew its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 208,852 shares of the company’s stock after buying an additional 20,323 shares during the period. Fidelity High Dividend ETF makes up 3.8% of Flagship Wealth Advisors LLC’s holdings, making the stock its 5th biggest position. Flagship Wealth Advisors LLC owned 0.16% of Fidelity High Dividend ETF worth $11,635,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $28,056,000. Jane Street Group LLC raised its holdings in Fidelity High Dividend ETF by 301.9% in the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after buying an additional 394,131 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of Fidelity High Dividend ETF by 369.2% during the second quarter. Arkadios Wealth Advisors now owns 500,499 shares of the company’s stock valued at $26,036,000 after acquiring an additional 393,830 shares during the last quarter. Regimen Wealth LLC acquired a new position in Fidelity High Dividend ETF during the 2nd quarter worth about $19,200,000. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Fidelity High Dividend ETF by 21.1% in the second 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 period.

Fidelity High Dividend ETF Stock Up 0.2%

FDVV stock opened at $57.18 on Friday. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $57.78. The company’s fifty day simple moving average is $56.74 and its 200 day simple moving average is $55.56. The firm has a market cap of $8.19 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92.

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.