Fidelity High Dividend ETF $FDVV Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 100.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 207,523 shares of the company’s stock after acquiring an additional 103,796 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.16% of Fidelity High Dividend ETF worth $11,580,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Retirement Planning Group LLC grew its stake in Fidelity High Dividend ETF by 10.1% during the 3rd quarter. Retirement Planning Group LLC now owns 2,199,223 shares of the company’s stock worth $122,519,000 after purchasing an additional 201,512 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Fidelity High Dividend ETF by 10.9% in the 2nd quarter. Bank of America Corp DE now owns 1,654,774 shares of the company’s stock valued at $86,081,000 after buying an additional 162,395 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Fidelity High Dividend ETF by 21.1% during the second 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. Raymond James Financial Inc. increased its stake in shares of Fidelity High Dividend ETF by 13.0% during the second quarter. Raymond James Financial Inc. now owns 1,021,750 shares of the company’s stock worth $53,151,000 after buying an additional 117,444 shares during the period. Finally, Cetera Investment Advisers lifted its stake in Fidelity High Dividend ETF by 20.2% in the second quarter. Cetera Investment Advisers now owns 972,004 shares of the company’s stock worth $50,564,000 after acquiring an additional 163,462 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $57.24 on Friday. The business has a 50-day moving average of $56.77 and a two-hundred day moving average of $55.59. The company has a market capitalization of $8.25 billion, a price-to-earnings 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 $57.78.

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.