Synovus Financial Corp Acquires Shares of 6,546 Fidelity High Dividend ETF (NYSEARCA:FDVV)

Synovus Financial Corp bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,546 shares of the company’s stock, valued at approximately $332,000.

A number of other large investors have also recently made changes to their positions in the stock. Commonwealth Equity Services LLC lifted its holdings in Fidelity High Dividend ETF by 11.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock valued at $140,229,000 after buying an additional 287,984 shares in the last quarter. Systelligence LLC bought a new stake in shares of Fidelity High Dividend ETF during the third quarter valued at approximately $14,355,000. Kestra Investment Management LLC purchased a new stake in shares of Fidelity High Dividend ETF in the second quarter valued at approximately $12,937,000. Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 35.7% in the second quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock valued at $47,739,000 after purchasing an additional 268,292 shares during the period. Finally, Childress Capital Advisors LLC grew its stake in Fidelity High Dividend ETF by 38.5% in the third quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock worth $38,479,000 after purchasing an additional 211,267 shares in the last quarter.

Fidelity High Dividend ETF Stock Down 2.5 %

Shares of NYSEARCA FDVV opened at $49.82 on Thursday. Fidelity High Dividend ETF has a twelve month low of $41.59 and a twelve month high of $52.78. The firm has a market cap of $2.87 billion, a PE ratio of 11.51 and a beta of 0.82. The business has a fifty day simple moving average of $51.54 and a two-hundred day simple moving average of $49.56.

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.