Fidelity High Dividend ETF $FDVV Shares Bought by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. grew its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.5% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 224,650 shares of the company’s stock after purchasing an additional 17,512 shares during the quarter. Fidelity High Dividend ETF makes up about 3.4% of Rooted Wealth Advisors Inc.’s investment portfolio, making the stock its 7th biggest position. Rooted Wealth Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $13,290,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. LPL Financial LLC grew its position in shares of Fidelity High Dividend ETF by 36.8% in the fourth quarter. LPL Financial LLC now owns 6,160,630 shares of the company’s stock valued at $349,246,000 after purchasing an additional 1,655,768 shares during the period. Raymond James Financial Inc. lifted its position in Fidelity High Dividend ETF by 62.2% during the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after buying an additional 635,591 shares during the period. Bank of America Corp DE boosted its stake in Fidelity High Dividend ETF by 34.6% in the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after buying an additional 572,218 shares during the last quarter. Jane Street Group LLC boosted its stake in Fidelity High Dividend ETF by 301.9% in the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock worth $27,295,000 after buying an additional 394,131 shares during the last quarter. Finally, Core Wealth Advisors LLC purchased a new stake in Fidelity High Dividend ETF in the 4th quarter valued at about $16,927,000.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $60.12 on Friday. Fidelity High Dividend ETF has a 12 month low of $51.59 and a 12 month high of $62.06. The company has a 50-day moving average of $60.05 and a 200-day moving average of $58.27. The company has a market cap of $9.35 billion, a P/E ratio of 17.18 and a beta of 0.86.

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.