O Dell Group LLC Takes $1.91 Million Position in Fidelity High Dividend ETF $FDVV

O Dell Group LLC acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 34,207 shares of the company’s stock, valued at approximately $1,906,000. Fidelity High Dividend ETF accounts for 0.4% of O Dell Group LLC’s portfolio, making the stock its 28th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of FDVV. Retirement Planning Group LLC lifted its position in shares of Fidelity High Dividend ETF by 10.1% during the third 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 during the last quarter. Bank of America Corp DE lifted its holdings in Fidelity High Dividend ETF by 10.9% during 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 in the last quarter. Envestnet Asset Management Inc. boosted its position in Fidelity High Dividend ETF by 21.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,648,459 shares of the company’s stock valued at $85,753,000 after buying an additional 287,066 shares during the period. Raymond James Financial Inc. boosted its position in Fidelity High Dividend ETF by 13.0% in the 2nd quarter. Raymond James Financial Inc. now owns 1,021,750 shares of the company’s stock valued at $53,151,000 after buying an additional 117,444 shares during the period. Finally, Cetera Investment Advisers grew its stake in Fidelity High Dividend ETF by 20.2% in the 2nd 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 in the last quarter.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock opened at $57.26 on Wednesday. The company has a market capitalization of $8.16 billion, a PE ratio of 17.18 and a beta of 0.92. The company has a 50 day moving average price of $56.56 and a 200-day moving average price of $55.38. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week 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.