Rooted Wealth Advisors Inc. Acquires New Stake in Fidelity High Dividend ETF $FDVV

Rooted Wealth Advisors Inc. acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 207,138 shares of the company’s stock, valued at approximately $12,209,000. Fidelity High Dividend ETF makes up about 3.4% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 7th biggest holding. Rooted Wealth Advisors Inc. owned 0.14% of Fidelity High Dividend ETF as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in FDVV. Raymond James Financial Inc. lifted its position in Fidelity High Dividend ETF by 62.2% in the 3rd quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after acquiring an additional 635,591 shares in the last quarter. Bank of America Corp DE lifted its position in Fidelity High Dividend ETF by 34.6% in the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after acquiring an additional 572,218 shares in the last quarter. Jane Street Group LLC lifted its position in Fidelity High Dividend ETF by 301.9% in the 2nd quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after acquiring an additional 394,131 shares in the last quarter. Private Advisor Group LLC lifted its position in Fidelity High Dividend ETF by 271.0% in the 3rd quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock valued at $22,251,000 after acquiring an additional 291,754 shares in the last quarter. Finally, Per Stirling Capital Management LLC. bought a new stake in Fidelity High Dividend ETF in the 3rd quarter valued at $12,739,000.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $60.70 on Monday. The stock has a market capitalization of $9.44 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12 month low of $49.10 and a 12 month high of $60.78. The firm’s fifty day simple moving average is $57.55 and its 200 day simple moving average is $57.44.

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.