Allworth Financial LP Grows Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Allworth Financial LP grew its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.3% in the third quarter, Holdings Channel.com reports. The fund owned 468,637 shares of the company’s stock after purchasing an additional 23,565 shares during the period. Allworth Financial LP’s holdings in Fidelity High Dividend ETF were worth $23,736,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Mayfair Advisory Group LLC raised its holdings in Fidelity High Dividend ETF by 126.3% during the third quarter. Mayfair Advisory Group LLC now owns 16,741 shares of the company’s stock worth $846,000 after purchasing an additional 9,343 shares during the last quarter. Schmidt P J Investment Management Inc. boosted its position in shares of Fidelity High Dividend ETF by 49.8% in the 3rd quarter. Schmidt P J Investment Management Inc. now owns 19,522 shares of the company’s stock worth $989,000 after buying an additional 6,488 shares in the last quarter. Onyx Financial Advisors LLC purchased a new position in Fidelity High Dividend ETF during the 3rd quarter valued at about $836,000. Private Advisor Group LLC raised its position in Fidelity High Dividend ETF by 26.2% during the third quarter. Private Advisor Group LLC now owns 84,878 shares of the company’s stock worth $4,299,000 after acquiring an additional 17,614 shares during the last quarter. Finally, FSC Wealth Advisors LLC lifted its holdings in shares of Fidelity High Dividend ETF by 4.2% in the third quarter. FSC Wealth Advisors LLC now owns 11,943 shares of the company’s stock valued at $605,000 after purchasing an additional 476 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV stock opened at $50.94 on Friday. Fidelity High Dividend ETF has a 12 month low of $36.94 and a 12 month high of $51.81. The firm has a market capitalization of $2.94 billion, a PE ratio of 11.51 and a beta of 0.82. The company’s 50 day simple moving average is $50.21 and its 200-day simple moving average is $47.85.

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.