AdvisorNet Financial Inc Acquires 5,692 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

AdvisorNet Financial Inc raised its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 108,263 shares of the company’s stock after purchasing an additional 5,692 shares during the period. AdvisorNet Financial Inc owned 0.19% of Fidelity High Dividend ETF worth $5,407,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Commonwealth Equity Services LLC raised its stake in Fidelity High Dividend ETF by 11.6% in the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock worth $140,229,000 after buying an additional 287,984 shares in the last quarter. Systelligence LLC bought a new position in shares of Fidelity High Dividend ETF in the 3rd quarter worth approximately $14,355,000. Kestra Investment Management LLC purchased a new position in shares of Fidelity High Dividend ETF in the 2nd quarter valued at approximately $12,937,000. Envestnet Asset Management Inc. boosted its position in shares of Fidelity High Dividend ETF by 35.7% during 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 in the last quarter. 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 during the period.

Fidelity High Dividend ETF Price Performance

Shares of Fidelity High Dividend ETF stock opened at $49.46 on Tuesday. Fidelity High Dividend ETF has a 1 year low of $41.74 and a 1 year high of $52.78. The company has a 50-day moving average of $51.19 and a 200 day moving average of $49.96. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.