Fidelity High Dividend ETF $FDVV Shares Sold by Integrated Wealth Concepts LLC

Integrated Wealth Concepts LLC lessened its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 15.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 252,064 shares of the company’s stock after selling 46,818 shares during the period. Integrated Wealth Concepts LLC owned approximately 0.16% of Fidelity High Dividend ETF worth $15,197,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of FDVV. Royal Bank of Canada grew its holdings in Fidelity High Dividend ETF by 6.0% during the first quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock worth $5,373,000 after acquiring an additional 6,174 shares during the period. Brown Advisory Inc. acquired a new stake in Fidelity High Dividend ETF in the 2nd quarter valued at about $320,000. Qube Research & Technologies Ltd lifted its holdings in Fidelity High Dividend ETF by 95.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 18,761 shares of the company’s stock valued at $976,000 after acquiring an additional 9,169 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of Fidelity High Dividend ETF by 49.8% during the 2nd quarter. NewEdge Advisors LLC now owns 112,833 shares of the company’s stock valued at $5,870,000 after purchasing an additional 37,501 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of Fidelity High Dividend ETF during the 2nd quarter valued at about $27,000.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $62.64 on Thursday. The firm’s 50 day moving average is $62.87 and its 200-day moving average is $60.16. Fidelity High Dividend ETF has a 12-month low of $53.77 and a 12-month high of $64.54. The stock has a market capitalization of $10.17 billion, a P/E ratio of 17.18 and a beta of 0.86.

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.