Fidelity High Dividend ETF $FDVV Shares Bought by Investment Advisory Services Inc. TX ADV

Investment Advisory Services Inc. TX ADV grew its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 52.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 94,113 shares of the company’s stock after purchasing an additional 32,202 shares during the quarter. Fidelity High Dividend ETF makes up about 1.7% of Investment Advisory Services Inc. TX ADV’s portfolio, making the stock its 15th biggest holding. Investment Advisory Services Inc. TX ADV owned approximately 0.07% of Fidelity High Dividend ETF worth $5,243,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FDVV. Foundations Investment Advisors LLC grew its stake in Fidelity High Dividend ETF by 34.3% during the 2nd quarter. Foundations Investment Advisors LLC now owns 23,916 shares of the company’s stock worth $1,244,000 after purchasing an additional 6,102 shares in the last quarter. Allworth Financial LP boosted its holdings in Fidelity High Dividend ETF by 4.8% in the second quarter. Allworth Financial LP now owns 547,991 shares of the company’s stock valued at $28,506,000 after purchasing an additional 25,216 shares in the last quarter. Advyzon Investment Management LLC purchased a new position in Fidelity High Dividend ETF in the second quarter valued at approximately $344,000. Dentgroup LLC raised its holdings in Fidelity High Dividend ETF by 35.6% during the third quarter. Dentgroup LLC now owns 204,125 shares of the company’s stock worth $11,372,000 after purchasing an additional 53,547 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Fidelity High Dividend ETF by 55.8% during the 2nd quarter. Janney Montgomery Scott LLC now owns 53,594 shares of the company’s stock worth $2,788,000 after buying an additional 19,196 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.1%

Shares of Fidelity High Dividend ETF stock opened at $57.12 on Wednesday. The company has a fifty day simple moving average of $56.45 and a 200-day simple moving average of $55.18. The stock has a market cap of $8.04 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $57.44.

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.