BG Investment Services Inc. Purchases 8,914 Shares of Fidelity High Dividend ETF $FDVV

BG Investment Services Inc. increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 17.5% during the second quarter, HoldingsChannel reports. The fund owned 59,710 shares of the company’s stock after buying an additional 8,914 shares during the quarter. Fidelity High Dividend ETF comprises about 3.9% of BG Investment Services Inc.’s portfolio, making the stock its 6th largest holding. BG Investment Services Inc.’s holdings in Fidelity High Dividend ETF were worth $3,106,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of FDVV. Jaffetilchin Investment Partners LLC grew its holdings in shares of Fidelity High Dividend ETF by 3.7% during the first quarter. Jaffetilchin Investment Partners LLC now owns 6,309 shares of the company’s stock worth $313,000 after purchasing an additional 223 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in Fidelity High Dividend ETF by 3.9% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,102 shares of the company’s stock worth $303,000 after buying an additional 230 shares during the period. Wealth Management Associates Inc. grew its holdings in Fidelity High Dividend ETF by 2.6% during the 1st quarter. Wealth Management Associates Inc. now owns 8,937 shares of the company’s stock worth $443,000 after acquiring an additional 230 shares during the last quarter. Ellis Investment Partners LLC increased its position in Fidelity High Dividend ETF by 5.2% in the 2nd quarter. Ellis Investment Partners LLC now owns 4,828 shares of the company’s stock valued at $251,000 after acquiring an additional 240 shares during the period. Finally, Ballew Advisors Inc increased its position in Fidelity High Dividend ETF by 0.9% in the 2nd quarter. Ballew Advisors Inc now owns 29,265 shares of the company’s stock valued at $1,556,000 after acquiring an additional 248 shares during the period.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA:FDVV opened at $55.99 on Tuesday. The firm has a market cap of $7.25 billion, a PE ratio of 17.18 and a beta of 1.01. The firm’s fifty day moving average is $55.27 and its 200-day moving average is $52.18. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $56.20.

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.