Sapient Capital LLC Buys 75,919 Shares of Fidelity High Dividend ETF $FDVV

Sapient Capital LLC lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 71.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 182,812 shares of the company’s stock after purchasing an additional 75,919 shares during the period. Sapient Capital LLC’s holdings in Fidelity High Dividend ETF were worth $11,102,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FDVV. Monetary Solutions Ltd acquired a new stake in Fidelity High Dividend ETF during the 4th quarter worth about $26,000. Global Assets Advisory LLC acquired a new stake in shares of Fidelity High Dividend ETF during the first quarter valued at approximately $36,000. Bessemer Group Inc. purchased a new stake in shares of Fidelity High Dividend ETF in the 1st quarter valued at approximately $56,000. Meramec Financial Planners LLC acquired a new position in Fidelity High Dividend ETF in the 1st quarter worth approximately $63,000. Finally, Hilton Head Capital Partners LLC acquired a new position in Fidelity High Dividend ETF in the 4th quarter worth approximately $75,000.

Fidelity High Dividend ETF Stock Up 0.4%

Shares of FDVV traded up $0.27 during mid-day trading on Thursday, reaching $61.54. The company’s stock had a trading volume of 1,010,538 shares, compared to its average volume of 867,645. The company has a market cap of $10.31 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The business has a fifty day moving average of $62.75 and a 200 day moving average of $60.72. Fidelity High Dividend ETF has a 1 year low of $53.77 and a 1 year high of $64.54.

Fidelity High Dividend ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Fidelity High Dividend ETF (NYSEARCA:FDVV)

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