Lido Advisors LLC bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) during the 3rd quarter, Holdings Channel reports. The fund bought 184,271 shares of the company’s stock, valued at approximately $11,191,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDVV. Tompkins Financial Corp acquired a new position in shares of Fidelity High Dividend ETF during the 3rd quarter worth about $6,959,000. XY Planning Network Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter valued at about $567,000. Founders Financial Securities LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at approximately $1,368,000. Old Mission Investment Co LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter valued at approximately $3,440,000. Finally, Fortitude Financial LLC boosted its stake in Fidelity High Dividend ETF by 824.2% during the 3rd quarter. Fortitude Financial LLC now owns 45,949 shares of the company’s stock worth $2,790,000 after acquiring an additional 40,977 shares during the last quarter.
Fidelity High Dividend ETF Price Performance
Fidelity High Dividend ETF stock opened at $62.70 on Thursday. The company’s 50 day simple moving average is $62.09 and its 200 day simple moving average is $60.45. Fidelity High Dividend ETF has a fifty-two week low of $53.77 and a fifty-two week high of $64.54. The firm has a market capitalization of $10.54 billion, a price-to-earnings ratio of 18.94 and a beta of 0.87.
Fidelity High Dividend ETF 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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Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
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