Lido Advisors LLC Makes New Investment in Fidelity High Dividend ETF $FDVV

Lido Advisors LLC bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 184,271 shares of the company’s stock, valued at approximately $11,191,000. Lido Advisors LLC owned 0.11% of Fidelity High Dividend ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in FDVV. Tompkins Financial Corp acquired a new stake in shares of Fidelity High Dividend ETF during the 3rd quarter worth approximately $6,959,000. Founders Financial Securities LLC bought a new stake in shares of Fidelity High Dividend ETF during the third quarter worth approximately $1,368,000. XY Planning Network Inc. bought a new stake in shares of Fidelity High Dividend ETF during the second quarter worth approximately $567,000. Old Mission Investment Co LLC bought a new stake in shares of Fidelity High Dividend ETF during the second quarter worth approximately $3,440,000. Finally, Aprio Wealth Management LLC lifted its holdings in Fidelity High Dividend ETF by 385.4% in the third quarter. Aprio Wealth Management LLC now owns 36,101 shares of the company’s stock valued at $2,192,000 after buying an additional 28,663 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $62.70 on Thursday. Fidelity High Dividend ETF has a fifty-two week low of $53.77 and a fifty-two week high of $64.54. The firm has a market capitalization of $10.54 billion, a P/E ratio of 18.94 and a beta of 0.87. The company’s 50 day simple moving average is $62.09 and its 200 day simple moving average is $60.45.

Fidelity High Dividend ETF Company 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.