Fidelity High Dividend ETF $FDVV is Independence Financial Advisors LLC’s 7th Largest Position

Independence Financial Advisors LLC lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 3.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 295,150 shares of the company’s stock after acquiring an additional 9,764 shares during the period. Fidelity High Dividend ETF comprises 4.6% of Independence Financial Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Independence Financial Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $16,732,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FDVV. Darwin Wealth Management LLC purchased a new position in shares of Fidelity High Dividend ETF during the second quarter valued at $27,000. Oakworth Capital Inc. lifted its holdings in shares of Fidelity High Dividend ETF by 427.5% during the 3rd quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock valued at $38,000 after purchasing an additional 560 shares during the last quarter. Trust Co. of Vermont purchased a new stake in Fidelity High Dividend ETF in the third quarter valued at about $41,000. TD Waterhouse Canada Inc. raised its position in shares of Fidelity High Dividend ETF by 59.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 974 shares of the company’s stock valued at $55,000 after purchasing an additional 363 shares during the last quarter. Finally, Capital Investment Advisory Services LLC raised its holdings in shares of Fidelity High Dividend ETF by 83.3% in the third quarter. Capital Investment Advisory Services LLC now owns 1,140 shares of the company’s stock worth $64,000 after buying an additional 518 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 2.4%

Shares of NYSEARCA FDVV opened at $55.24 on Wednesday. The business’s 50 day moving average price is $57.65 and its 200 day moving average price is $56.75. The firm has a market cap of $8.05 billion, a P/E ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $60.12.

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.