Fidelity High Dividend ETF $FDVV Stock Holdings Raised by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 34.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 38,332 shares of the company’s stock after acquiring an additional 9,770 shares during the period. Stratos Wealth Partners LTD.’s holdings in Fidelity High Dividend ETF were worth $2,173,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FDVV. Royal Bank of Canada increased its position in shares of Fidelity High Dividend ETF by 6.0% in the 1st quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock worth $5,373,000 after purchasing an additional 6,174 shares during the last quarter. Baird Financial Group Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth about $4,101,000. Brown Advisory Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth about $320,000. StoneX Group Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth about $600,000. Finally, Qube Research & Technologies Ltd increased its position in shares of 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 worth $976,000 after purchasing an additional 9,169 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $55.73 on Wednesday. The company has a 50-day moving average of $57.47 and a 200-day moving average of $56.76. The company has a market capitalization of $8.61 billion, a P/E ratio of 17.18 and a beta of 0.90. Fidelity High Dividend ETF has a 1-year low of $43.06 and a 1-year 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.