Allworth Financial LP Purchases 41,384 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Allworth Financial LP lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 510,021 shares of the company’s stock after purchasing an additional 41,384 shares during the quarter. Allworth Financial LP’s holdings in Fidelity High Dividend ETF were worth $26,088,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Principal Securities Inc. increased its holdings in shares of Fidelity High Dividend ETF by 1.6% in the fourth quarter. Principal Securities Inc. now owns 49,323 shares of the company’s stock worth $2,463,000 after purchasing an additional 763 shares during the last quarter. Lakeridge Wealth Management LLC increased its stake in Fidelity High Dividend ETF by 6.7% during the fourth quarter. Lakeridge Wealth Management LLC now owns 296,158 shares of the company’s stock worth $14,790,000 after acquiring an additional 18,665 shares during the last quarter. Ellis Investment Partners LLC increased its stake in Fidelity High Dividend ETF by 27.9% during the fourth quarter. Ellis Investment Partners LLC now owns 5,281 shares of the company’s stock worth $264,000 after acquiring an additional 1,151 shares during the last quarter. Roxbury Financial LLC bought a new stake in Fidelity High Dividend ETF during the fourth quarter worth approximately $62,000. Finally, BXM Wealth LLC bought a new stake in Fidelity High Dividend ETF during the fourth quarter worth approximately $799,000.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $51.68 on Friday. The business’s 50 day moving average is $50.69 and its two-hundred day moving average is $50.47. Fidelity High Dividend ETF has a 1-year low of $43.10 and a 1-year high of $52.78. The stock has a market capitalization of $2.98 billion, a P/E ratio of 11.51 and a beta of 0.82.

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.