Fidelity High Dividend ETF $FDVV is Retirement Planning Group LLC’s 8th Largest Position

Retirement Planning Group LLC increased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,199,223 shares of the company’s stock after purchasing an additional 201,512 shares during the quarter. Fidelity High Dividend ETF comprises about 4.3% of Retirement Planning Group LLC’s investment portfolio, making the stock its 8th biggest holding. Retirement Planning Group LLC’s holdings in Fidelity High Dividend ETF were worth $122,519,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Assetmark Inc. increased its stake in shares of Fidelity High Dividend ETF by 80.5% during the 2nd 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. Darwin Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF in the second quarter valued at approximately $27,000. MB Levis & Associates LLC purchased a new stake in Fidelity High Dividend ETF in the second quarter valued at approximately $28,000. Evermay Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the second quarter worth approximately $31,000. Finally, TD Waterhouse Canada Inc. purchased a new position in Fidelity High Dividend ETF during the second quarter worth approximately $32,000.

Fidelity High Dividend ETF Stock Up 0.1%

Shares of FDVV opened at $57.26 on Wednesday. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $57.44. The company’s fifty day moving average is $56.56 and its two-hundred day moving average is $55.38. The firm has a market cap of $8.16 billion, a PE 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.