Sigma Planning Corp Makes New Investment in Fidelity High Dividend ETF $FDVV

Sigma Planning Corp acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 53,924 shares of the company’s stock, valued at approximately $3,275,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tompkins Financial Corp acquired a new position in Fidelity High Dividend ETF during the 3rd quarter worth $6,959,000. XY Planning Network Inc. acquired a new position in shares of Fidelity High Dividend ETF during the 2nd quarter worth about $567,000. Koshinski Asset Management Inc. grew its holdings in Fidelity High Dividend ETF by 32.3% during the first quarter. Koshinski Asset Management Inc. now owns 71,866 shares of the company’s stock valued at $3,970,000 after purchasing an additional 17,558 shares during the period. Old Mission Investment Co LLC bought a new position in shares of Fidelity High Dividend ETF during the second quarter worth $3,440,000. Finally, Florida Financial Advisors LLC lifted its holdings in Fidelity High Dividend ETF by 348.3% during the first quarter. Florida Financial Advisors LLC now owns 19,498 shares of the company’s stock worth $1,077,000 after acquiring an additional 15,149 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV opened at $62.28 on Tuesday. The stock has a 50 day simple moving average of $62.32 and a 200 day simple moving average of $60.10. Fidelity High Dividend ETF has a 52-week low of $53.77 and a 52-week high of $64.54. The firm has a market capitalization of $10.48 billion, a PE ratio of 17.18 and a beta of 0.86.

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.