Allworth Financial LP Has $32.25 Million Stock Position in Fidelity High Dividend ETF $FDVV

Allworth Financial LP raised its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 578,911 shares of the company’s stock after purchasing an additional 30,920 shares during the quarter. Allworth Financial LP owned approximately 0.44% of Fidelity High Dividend ETF worth $32,251,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of FDVV. Raymond James Financial Inc. lifted its stake in Fidelity High Dividend ETF by 62.2% in the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after acquiring an additional 635,591 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Fidelity High Dividend ETF by 34.6% during the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after purchasing an additional 572,218 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV bought a new position in shares of Fidelity High Dividend ETF during the 3rd quarter valued at $28,056,000. Jane Street Group LLC raised its holdings in shares of Fidelity High Dividend ETF by 301.9% during the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after purchasing an additional 394,131 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in shares of Fidelity High Dividend ETF by 271.0% in the 3rd quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock valued at $22,251,000 after purchasing an additional 291,754 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 1.6%

Shares of NYSEARCA:FDVV opened at $55.77 on Thursday. The stock has a market capitalization of $8.13 billion, a PE 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 $60.12. The firm has a fifty day moving average price of $58.11 and a 200 day moving average price of $56.76.

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.