Savvy Advisors Inc. Grows Stake in Fidelity High Dividend ETF $FDVV

Savvy Advisors Inc. lifted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 85.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 32,445 shares of the company’s stock after acquiring an additional 14,948 shares during the period. Savvy Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $1,808,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in Fidelity High Dividend ETF during the third quarter worth approximately $28,056,000. Jane Street Group LLC grew its position in shares of Fidelity High Dividend ETF by 301.9% in the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after buying an additional 394,131 shares during the last quarter. Arkadios Wealth Advisors grew its position in shares of Fidelity High Dividend ETF by 369.2% in the 2nd quarter. Arkadios Wealth Advisors now owns 500,499 shares of the company’s stock valued at $26,036,000 after buying an additional 393,830 shares during the last quarter. Regimen Wealth LLC acquired a new stake in Fidelity High Dividend ETF during the 2nd quarter worth $19,200,000. Finally, Envestnet Asset Management Inc. lifted its position in Fidelity High Dividend ETF by 21.1% in the second quarter. Envestnet Asset Management Inc. now owns 1,648,459 shares of the company’s stock valued at $85,753,000 after acquiring an additional 287,066 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $59.03 on Friday. The company has a fifty day moving average of $57.49 and a two-hundred day moving average of $56.11. The company has a market capitalization of $8.61 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 $60.12.

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.