Nicolet Advisory Services LLC Grows Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Nicolet Advisory Services LLC increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.7% in the third quarter, HoldingsChannel.com reports. The firm owned 15,003 shares of the company’s stock after buying an additional 1,195 shares during the period. Nicolet Advisory Services LLC’s holdings in Fidelity High Dividend ETF were worth $755,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC purchased a new position in Fidelity High Dividend ETF during the 3rd quarter valued at about $25,000. Hilton Capital Management LLC boosted its stake in shares of Fidelity High Dividend ETF by 79.0% in the third quarter. Hilton Capital Management LLC now owns 9,065 shares of the company’s stock valued at $459,000 after purchasing an additional 4,001 shares during the period. MAI Capital Management grew its holdings in shares of Fidelity High Dividend ETF by 2.1% in the third quarter. MAI Capital Management now owns 48,710 shares of the company’s stock valued at $2,467,000 after purchasing an additional 1,021 shares in the last quarter. Thrivent Financial for Lutherans purchased a new stake in Fidelity High Dividend ETF during the 3rd quarter worth approximately $245,000. Finally, BluePointe Capital Management LLC lifted its holdings in Fidelity High Dividend ETF by 5.4% during the 3rd quarter. BluePointe Capital Management LLC now owns 126,572 shares of the company’s stock worth $6,411,000 after buying an additional 6,449 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 0.4 %

Shares of FDVV stock opened at $52.35 on Friday. Fidelity High Dividend ETF has a 52 week low of $40.10 and a 52 week high of $52.41. The firm has a 50 day moving average of $50.99 and a two-hundred day moving average of $48.84. The stock has a market capitalization of $3.02 billion, a PE ratio of 11.51 and a beta of 0.82.

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.