Fidelity High Dividend ETF $FDVV Holdings Lifted by Landing Point Financial Group LLC

Landing Point Financial Group LLC increased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 481,964 shares of the company’s stock after buying an additional 25,249 shares during the quarter. Fidelity High Dividend ETF accounts for approximately 13.6% of Landing Point Financial Group LLC’s holdings, making the stock its 2nd biggest position. Landing Point Financial Group LLC owned approximately 0.33% of Fidelity High Dividend ETF worth $27,323,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Retirement Planning Group LLC grew its stake in Fidelity High Dividend ETF by 5.3% in the fourth quarter. Retirement Planning Group LLC now owns 2,314,770 shares of the company’s stock valued at $131,224,000 after purchasing an additional 115,547 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Fidelity High Dividend ETF by 34.6% in the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock worth $124,066,000 after buying an additional 572,218 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Fidelity High Dividend ETF by 11.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,840,363 shares of the company’s stock worth $102,527,000 after buying an additional 191,904 shares during the last quarter. Raymond James Financial Inc. lifted its position in shares of Fidelity High Dividend ETF by 62.2% in the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after buying an additional 635,591 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity High Dividend ETF by 12.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,088,010 shares of the company’s stock worth $61,679,000 after buying an additional 121,663 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA:FDVV opened at $60.64 on Monday. Fidelity High Dividend ETF has a fifty-two week low of $50.53 and a fifty-two week high of $61.79. The business has a 50-day moving average of $58.65 and a two-hundred day moving average of $57.81. The stock has a market capitalization of $9.43 billion, a P/E ratio of 17.18 and a beta of 0.86.

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.