Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Purchased by Greater Midwest Financial Group LLC

Greater Midwest Financial Group LLC raised its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 1.5% during the third quarter, Holdings Channel reports. The firm owned 276,222 shares of the company’s stock after buying an additional 4,103 shares during the period. Fidelity High Dividend ETF comprises 8.2% of Greater Midwest Financial Group LLC’s holdings, making the stock its 3rd biggest holding. Greater Midwest Financial Group LLC’s holdings in Fidelity High Dividend ETF were worth $13,991,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. boosted its stake in Fidelity High Dividend ETF by 26.2% in the first 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 in the last quarter. Oppenheimer & Co. Inc. lifted its position in Fidelity High Dividend ETF by 52.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 23,279 shares of the company’s stock worth $1,055,000 after buying an additional 7,962 shares in the last quarter. First Foundation Advisors bought a new stake in Fidelity High Dividend ETF during the 1st quarter worth about $204,000. Raymond James Financial Services Advisors Inc. increased its position in Fidelity High Dividend ETF by 0.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 222,397 shares of the company’s stock valued at $10,404,000 after acquiring an additional 762 shares in the last quarter. Finally, Global Assets Advisory LLC bought a new position in shares of Fidelity High Dividend ETF in the first quarter worth about $501,000.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock traded up $0.11 during trading hours on Thursday, reaching $51.67. 61,035 shares of the company were exchanged, compared to its average volume of 325,901. Fidelity High Dividend ETF has a fifty-two week low of $36.94 and a fifty-two week high of $51.77. The stock’s fifty day moving average is $49.75 and its two-hundred day moving average is $47.56. The company has a market cap of $2.98 billion, a price-to-earnings 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.