Envestnet Portfolio Solutions Inc. reduced its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 35.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 43,063 shares of the company’s stock after selling 23,789 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Fidelity High Dividend ETF were worth $2,399,000 as of its most recent filing with the SEC.
Other institutional investors have also made changes to their positions in the company. Assetmark Inc. increased its position in Fidelity High Dividend ETF by 80.5% in the 2nd quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after buying an additional 211 shares during the period. Darwin Wealth Management LLC bought a new position in Fidelity High Dividend ETF during the second quarter worth $27,000. MB Levis & Associates LLC acquired a new position in Fidelity High Dividend ETF during the 2nd quarter valued at $28,000. Evermay Wealth Management LLC bought a new stake in Fidelity High Dividend ETF in the 2nd quarter valued at $31,000. Finally, TD Waterhouse Canada Inc. bought a new stake in Fidelity High Dividend ETF in the 2nd quarter valued at $32,000.
Fidelity High Dividend ETF Stock Performance
NYSEARCA:FDVV opened at $57.61 on Tuesday. The firm’s 50-day moving average is $56.81 and its 200-day moving average is $55.66. The company has a market cap of $8.31 billion, a price-to-earnings 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 $57.78.
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.
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