Fidelity High Dividend ETF $FDVV Shares Acquired by LPL Financial LLC

LPL Financial LLC lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 36.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,160,630 shares of the company’s stock after buying an additional 1,655,768 shares during the quarter. LPL Financial LLC owned 4.23% of Fidelity High Dividend ETF worth $349,246,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of FDVV. Royal Bank of Canada raised its holdings in shares of Fidelity High Dividend ETF by 6.0% during the 1st quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock valued at $5,373,000 after buying an additional 6,174 shares during the period. Brown Advisory Inc. purchased a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter valued at about $320,000. Qube Research & Technologies Ltd raised its holdings in shares of Fidelity High Dividend ETF by 95.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 18,761 shares of the company’s stock valued at $976,000 after buying an additional 9,169 shares during the period. NewEdge Advisors LLC raised its holdings in shares of Fidelity High Dividend ETF by 49.8% during the 2nd quarter. NewEdge Advisors LLC now owns 112,833 shares of the company’s stock valued at $5,870,000 after buying an additional 37,501 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter valued at about $27,000.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA:FDVV opened at $60.51 on Tuesday. Fidelity High Dividend ETF has a one year low of $50.53 and a one year high of $61.79. The business’s 50-day simple moving average is $58.77 and its 200 day simple moving average is $57.84. The company has a market cap of $9.41 billion, a P/E ratio of 17.18 and a beta of 0.86.

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.