Fifth Third Securities Inc. Acquires 207,824 Shares of Fidelity High Dividend ETF $FDVV

Fifth Third Securities Inc. acquired a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 207,824 shares of the company’s stock, valued at approximately $12,621,000. Fifth Third Securities Inc. owned about 0.12% of Fidelity High Dividend ETF as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of FDVV. Sowell Financial Services LLC acquired a new position in Fidelity High Dividend ETF in the 3rd quarter valued at about $2,070,000. Integrated Advisors Network LLC lifted its position in Fidelity High Dividend ETF by 2.3% during the 3rd quarter. Integrated Advisors Network LLC now owns 28,243 shares of the company’s stock worth $1,715,000 after acquiring an additional 645 shares during the period. Diversify Advisory Services LLC lifted its position in Fidelity High Dividend ETF by 10.5% during the 3rd quarter. Diversify Advisory Services LLC now owns 25,246 shares of the company’s stock worth $1,560,000 after acquiring an additional 2,393 shares during the period. Prentice Wealth Management LLC lifted its position in Fidelity High Dividend ETF by 1.4% during the 3rd quarter. Prentice Wealth Management LLC now owns 247,269 shares of the company’s stock worth $15,017,000 after acquiring an additional 3,517 shares during the period. Finally, New England Private Wealth Advisors LLC grew its stake in shares of Fidelity High Dividend ETF by 130.8% in the 3rd quarter. New England Private Wealth Advisors LLC now owns 15,047 shares of the company’s stock valued at $914,000 after purchasing an additional 8,528 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock traded up $0.19 during midday trading on Wednesday, hitting $62.03. The company had a trading volume of 308,370 shares, compared to its average volume of 852,026. The company’s 50 day simple moving average is $62.42 and its 200 day simple moving average is $61.17. Fidelity High Dividend ETF has a 52-week low of $53.77 and a 52-week high of $64.54. The stock has a market cap of $10.41 billion, a price-to-earnings 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.