Fidelity High Dividend ETF $FDVV Shares Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC boosted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 612,456 shares of the company’s stock after buying an additional 26,831 shares during the period. Sagespring Wealth Partners LLC owned approximately 0.47% of Fidelity High Dividend ETF worth $34,120,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FDVV. Ballew Advisors Inc increased its position in shares of Fidelity High Dividend ETF by 0.7% in the third quarter. Ballew Advisors Inc now owns 29,458 shares of the company’s stock worth $1,632,000 after acquiring an additional 193 shares in the last quarter. Assetmark Inc. boosted its position in Fidelity High Dividend ETF by 80.5% during the 2nd quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after purchasing an additional 211 shares during the period. Melfa Wealth Management Inc. increased its holdings in Fidelity High Dividend ETF by 1.1% in the 3rd quarter. Melfa Wealth Management Inc. now owns 19,141 shares of the company’s stock valued at $1,066,000 after purchasing an additional 212 shares in the last quarter. Ellis Investment Partners LLC raised its position in Fidelity High Dividend ETF by 5.2% in the second quarter. Ellis Investment Partners LLC now owns 4,828 shares of the company’s stock valued at $251,000 after purchasing an additional 240 shares during the period. Finally, GWN Securities Inc. raised its position in Fidelity High Dividend ETF by 3.2% in the third quarter. GWN Securities Inc. now owns 8,081 shares of the company’s stock valued at $450,000 after purchasing an additional 252 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $57.24 on Friday. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $57.78. The business has a 50-day moving average of $56.77 and a 200-day moving average of $55.61. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92.

About Fidelity High Dividend ETF

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.