Fidelity High Dividend ETF $FDVV Shares Bought by Landing Point Financial Group LLC

Landing Point Financial Group LLC raised its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 31.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 456,715 shares of the company’s stock after purchasing an additional 108,058 shares during the quarter. Fidelity High Dividend ETF accounts for 13.3% of Landing Point Financial Group LLC’s holdings, making the stock its 2nd largest holding. Landing Point Financial Group LLC owned 0.35% of Fidelity High Dividend ETF worth $25,444,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Ballew Advisors Inc raised its holdings in Fidelity High Dividend ETF by 0.7% in the 3rd quarter. Ballew Advisors Inc now owns 29,458 shares of the company’s stock valued at $1,632,000 after buying an additional 193 shares during the period. Assetmark Inc. increased its position in shares of Fidelity High Dividend ETF by 80.5% during the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock valued at $25,000 after acquiring an additional 211 shares during the last quarter. Melfa Wealth Management Inc. increased its position in shares of Fidelity High Dividend ETF by 1.1% during the third quarter. Melfa Wealth Management Inc. now owns 19,141 shares of the company’s stock valued at $1,066,000 after acquiring an additional 212 shares during the last quarter. Archer Investment Corp raised its stake in shares of Fidelity High Dividend ETF by 7.2% in the 3rd quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock valued at $179,000 after acquiring an additional 217 shares during the period. Finally, GWN Securities Inc. lifted its holdings in shares of Fidelity High Dividend ETF by 3.2% in the 3rd quarter. GWN Securities Inc. now owns 8,081 shares of the company’s stock worth $450,000 after acquiring an additional 252 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

NYSEARCA:FDVV opened at $59.02 on Friday. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $60.12. The company has a 50 day moving average price of $58.02 and a 200 day moving average price of $56.53. The stock has a market capitalization of $8.61 billion, a P/E ratio of 17.18 and a beta of 0.92.

Fidelity High Dividend ETF 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.