Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Bought by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.1% in the third quarter, Holdings Channel reports. The institutional investor owned 5,370 shares of the company’s stock after buying an additional 260 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Fidelity High Dividend ETF were worth $272,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC raised its stake in shares of Fidelity High Dividend ETF by 79.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 21,359 shares of the company’s stock valued at $968,000 after purchasing an additional 9,438 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in Fidelity High Dividend ETF by 26.2% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 16,914 shares of the company’s stock valued at $766,000 after buying an additional 3,507 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in Fidelity High Dividend ETF by 28.6% in the first quarter. Kingsview Wealth Management LLC now owns 15,575 shares of the company’s stock valued at $706,000 after buying an additional 3,467 shares during the last quarter. First Foundation Advisors bought a new stake in Fidelity High Dividend ETF in the first quarter valued at about $204,000. Finally, Nicolet Advisory Services LLC bought a new stake in Fidelity High Dividend ETF in the first quarter valued at about $599,000.

Fidelity High Dividend ETF Stock Down 0.3 %

Shares of Fidelity High Dividend ETF stock opened at $51.56 on Friday. The firm has a market cap of $2.98 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $39.52 and a fifty-two week high of $52.17. The business has a 50-day moving average price of $50.62 and a 200 day moving average price of $48.52.

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.