Fidelity High Dividend ETF $FDVV Shares Acquired by Savvy Advisors Inc.

Savvy Advisors Inc. lifted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 85.4% during the third quarter, HoldingsChannel.com reports. The fund owned 32,445 shares of the company’s stock after purchasing an additional 14,948 shares during the quarter. Savvy Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $1,808,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the business. Retirement Planning Group LLC raised its position in 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 during the last quarter. Envestnet Asset Management Inc. increased its stake in Fidelity High Dividend ETF by 11.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,840,363 shares of the company’s stock valued at $102,527,000 after purchasing an additional 191,904 shares during the period. Bank of America Corp DE raised its holdings 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 during the last quarter. Raymond James Financial Inc. boosted its stake in shares of Fidelity High Dividend ETF by 13.0% during the second 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 grew its holdings in shares of Fidelity High Dividend ETF by 20.2% during the second quarter. Cetera Investment Advisers now owns 972,004 shares of the company’s stock worth $50,564,000 after buying an additional 163,462 shares during the last quarter.

Fidelity High Dividend ETF Stock Down 1.5%

Shares of FDVV stock opened at $59.03 on Friday. The stock’s 50-day moving average price is $57.49 and its 200 day moving average price is $56.11. The stock has a market capitalization of $8.61 billion, a PE ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 52-week low of $42.81 and a 52-week high of $60.12.

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.