Woodard & Co. Asset Management Group Inc. ADV Acquires Shares of 503,615 Fidelity High Dividend ETF $FDVV

Woodard & Co. Asset Management Group Inc. ADV acquired a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the third quarter, HoldingsChannel.com reports. The fund acquired 503,615 shares of the company’s stock, valued at approximately $28,056,000. Fidelity High Dividend ETF comprises 4.6% of Woodard & Co. Asset Management Group Inc. ADV’s portfolio, making the stock its 9th biggest position.

A number of other institutional investors have also recently modified their holdings of the business. Retirement Planning Group LLC increased its stake in shares of Fidelity High Dividend ETF by 10.1% in the 3rd quarter. Retirement Planning Group LLC now owns 2,199,223 shares of the company’s stock valued at $122,519,000 after purchasing an additional 201,512 shares in the last quarter. Bank of America Corp DE increased its position in shares of Fidelity High Dividend ETF by 10.9% in the second 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. raised its stake in shares of Fidelity High Dividend ETF by 21.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,648,459 shares of the company’s stock worth $85,753,000 after buying an additional 287,066 shares during the period. Raymond James Financial Inc. raised its stake in shares of Fidelity High Dividend ETF by 13.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,021,750 shares of the company’s stock worth $53,151,000 after buying an additional 117,444 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of Fidelity High Dividend ETF by 20.2% during the 2nd quarter. Cetera Investment Advisers now owns 972,004 shares of the company’s stock valued at $50,564,000 after buying an additional 163,462 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV opened at $57.04 on Thursday. The firm has a fifty day moving average of $56.72 and a 200 day moving average of $55.55. The firm has a market cap of $8.17 billion, a PE ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $57.78.

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.