Milestone Investment Advisors LLC Has $12.92 Million Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Milestone Investment Advisors LLC grew its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 13.0% during the third quarter, Holdings Channel reports. The institutional investor owned 255,002 shares of the company’s stock after acquiring an additional 29,244 shares during the quarter. Fidelity High Dividend ETF comprises 3.6% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Milestone Investment Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $12,916,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Advisor Group LLC lifted its stake in Fidelity High Dividend ETF by 39.6% during the 1st quarter. Private Advisor Group LLC now owns 54,544 shares of the company’s stock valued at $2,471,000 after acquiring an additional 15,469 shares during the period. Janney Montgomery Scott LLC lifted its position in Fidelity High Dividend ETF by 79.2% during the first quarter. Janney Montgomery Scott LLC now owns 21,359 shares of the company’s stock valued at $968,000 after purchasing an additional 9,438 shares during the period. Advisory Services Network LLC boosted its holdings in Fidelity High Dividend ETF by 10.8% in the first quarter. Advisory Services Network LLC now owns 82,238 shares of the company’s stock valued at $3,726,000 after purchasing an additional 8,019 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in Fidelity High Dividend ETF by 26.2% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 16,914 shares of the company’s stock worth $766,000 after purchasing an additional 3,507 shares during the period. Finally, Oppenheimer & Co. Inc. raised its stake in shares of Fidelity High Dividend ETF by 52.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 23,279 shares of the company’s stock valued at $1,055,000 after buying an additional 7,962 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 1.2 %

Shares of FDVV stock opened at $50.98 on Wednesday. Fidelity High Dividend ETF has a 52-week low of $38.36 and a 52-week high of $51.81. The stock has a market cap of $2.94 billion, a PE ratio of 11.51 and a beta of 0.82. The business has a 50-day simple moving average of $50.37 and a 200-day simple moving average of $48.23.

Fidelity High Dividend ETF Company 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.