Atria Investments Inc Sells 121,986 Shares of Fidelity High Dividend ETF $FDVV

Atria Investments Inc cut its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 76.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,303 shares of the company’s stock after selling 121,986 shares during the quarter. Atria Investments Inc’s holdings in Fidelity High Dividend ETF were worth $1,993,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its stake in Fidelity High Dividend ETF by 10.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 3,438,466 shares of the company’s stock valued at $170,548,000 after purchasing an additional 324,452 shares during the period. LPL Financial LLC boosted its stake in Fidelity High Dividend ETF by 19.7% in the 1st quarter. LPL Financial LLC now owns 2,200,888 shares of the company’s stock valued at $109,164,000 after purchasing an additional 362,424 shares during the period. Retirement Planning Group LLC boosted its stake in Fidelity High Dividend ETF by 9.3% in the 2nd quarter. Retirement Planning Group LLC now owns 1,997,711 shares of the company’s stock valued at $103,921,000 after purchasing an additional 170,094 shares during the period. Envestnet Asset Management Inc. boosted its stake in Fidelity High Dividend ETF by 21.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,648,459 shares of the company’s stock valued at $85,753,000 after purchasing an additional 287,066 shares during the period. Finally, Raymond James Financial Inc. boosted its stake in Fidelity High Dividend ETF by 62.6% in the 1st quarter. Raymond James Financial Inc. now owns 904,306 shares of the company’s stock valued at $44,854,000 after purchasing an additional 347,988 shares during the period.

Fidelity High Dividend ETF Price Performance

FDVV opened at $55.49 on Wednesday. The business has a fifty day simple moving average of $55.56 and a 200 day simple moving average of $53.02. The company has a market capitalization of $7.29 billion, a PE ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 1 year low of $42.81 and a 1 year high of $56.81.

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.