Fidelity High Dividend ETF (NYSEARCA:FDVV) Holdings Raised by TruWealth Advisors LLC

TruWealth Advisors LLC boosted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 28.7% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 12,151 shares of the company’s stock after acquiring an additional 2,706 shares during the quarter. TruWealth Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $615,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FDVV. Octavia Wealth Advisors LLC increased its position in shares of Fidelity High Dividend ETF by 0.9% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock valued at $1,213,000 after purchasing an additional 222 shares during the period. Perigon Wealth Management LLC grew its holdings in Fidelity High Dividend ETF by 2.8% during the first quarter. Perigon Wealth Management LLC now owns 8,879 shares of the company’s stock worth $402,000 after acquiring an additional 245 shares during the period. FSC Wealth Advisors LLC raised its position in Fidelity High Dividend ETF by 2.6% in the second quarter. FSC Wealth Advisors LLC now owns 11,467 shares of the company’s stock worth $536,000 after acquiring an additional 293 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in Fidelity High Dividend ETF by 6.2% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 5,110 shares of the company’s stock valued at $239,000 after acquiring an additional 300 shares during the last quarter. Finally, MWA Asset Management boosted its position in shares of Fidelity High Dividend ETF by 3.4% during the 2nd quarter. MWA Asset Management now owns 11,998 shares of the company’s stock valued at $561,000 after purchasing an additional 398 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $51.48 on Friday. The firm’s 50 day moving average is $49.84 and its 200-day moving average is $47.58. Fidelity High Dividend ETF has a 12-month low of $36.94 and a 12-month high of $51.77. The stock has a market capitalization of $2.97 billion, a P/E ratio of 11.51 and a beta of 0.82.

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.