Sanctuary Advisors LLC Has $6.05 Million Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Sanctuary Advisors LLC lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 20.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 118,846 shares of the company’s stock after acquiring an additional 19,996 shares during the period. Sanctuary Advisors LLC owned approximately 0.21% of Fidelity High Dividend ETF worth $6,050,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Darwin Wealth Management LLC bought a new position in Fidelity High Dividend ETF during the 3rd quarter worth about $25,000. Roxbury Financial LLC bought a new position in shares of Fidelity High Dividend ETF during the fourth quarter worth about $62,000. Glass Jacobson Investment Advisors llc acquired a new stake in Fidelity High Dividend ETF in the 3rd quarter valued at approximately $75,000. Archer Investment Corp bought a new stake in Fidelity High Dividend ETF in the 4th quarter valued at approximately $98,000. Finally, Avion Wealth acquired a new position in Fidelity High Dividend ETF during the 4th quarter worth approximately $128,000.

Fidelity High Dividend ETF Stock Up 0.5 %

NYSEARCA FDVV opened at $52.15 on Thursday. The firm’s 50 day moving average is $50.71 and its 200-day moving average is $50.55. The company has a market capitalization of $3.01 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 12-month low of $43.10 and a 12-month high of $52.78.

About Fidelity High Dividend ETF

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.