Wealth Enhancement Advisory Services LLC Acquires 45,588 Shares of Fidelity High Dividend ETF $FDVV

Wealth Enhancement Advisory Services LLC grew its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 22.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 253,111 shares of the company’s stock after purchasing an additional 45,588 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Fidelity High Dividend ETF were worth $14,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in FDVV. Raymond James Financial Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 62.2% during the 3rd quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after buying an additional 635,591 shares in the last quarter. Bank of America Corp DE increased its stake in shares of Fidelity High Dividend ETF by 34.6% in the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after acquiring an additional 572,218 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at $28,056,000. Jane Street Group LLC lifted its position in shares of Fidelity High Dividend ETF by 301.9% during the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after acquiring an additional 394,131 shares during the period. Finally, Private Advisor Group LLC lifted its position in shares of Fidelity High Dividend ETF by 271.0% during the 3rd quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock valued at $22,251,000 after acquiring an additional 291,754 shares during the period.

Fidelity High Dividend ETF Stock Up 0.7%

Shares of NYSEARCA FDVV opened at $55.09 on Thursday. The firm has a market cap of $8.03 billion, a PE ratio of 17.18 and a beta of 0.92. The company’s fifty day simple moving average is $57.88 and its 200 day simple moving average is $56.76. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $60.12.

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.