SageOak Financial LLC Invests $992,000 in Fidelity High Dividend ETF (NYSEARCA:FDVV)

SageOak Financial LLC acquired a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 19,860 shares of the company’s stock, valued at approximately $992,000. Fidelity High Dividend ETF accounts for 0.9% of SageOak Financial LLC’s investment portfolio, making the stock its 19th largest position.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of Fidelity High Dividend ETF by 27.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock worth $12,468,000 after purchasing an additional 52,434 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in Fidelity High Dividend ETF by 14.3% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 6,400 shares of the company’s stock worth $320,000 after acquiring an additional 803 shares in the last quarter. HighTower Advisors LLC increased its holdings in Fidelity High Dividend ETF by 29.9% in the 3rd quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after acquiring an additional 3,801 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Fidelity High Dividend ETF by 4.5% in the 4th quarter. Janney Montgomery Scott LLC now owns 33,467 shares of the company’s stock worth $1,671,000 after acquiring an additional 1,439 shares in the last quarter. Finally, FMR LLC increased its holdings in Fidelity High Dividend ETF by 4.7% in the 3rd quarter. FMR LLC now owns 80,331 shares of the company’s stock worth $4,069,000 after acquiring an additional 3,620 shares in the last quarter.

Fidelity High Dividend ETF Trading Down 0.4 %

Fidelity High Dividend ETF stock opened at $50.08 on Wednesday. Fidelity High Dividend ETF has a 12-month low of $43.34 and a 12-month high of $52.78. The firm has a 50 day moving average of $50.76 and a 200 day moving average of $50.82. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 19.05 and a beta of 1.02.

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.