Thoroughbred Financial Services LLC Purchases 12,723 Shares of Fidelity High Dividend ETF $FDVV

Thoroughbred Financial Services LLC boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 147,895 shares of the company’s stock after acquiring an additional 12,723 shares during the period. Thoroughbred Financial Services LLC owned 0.11% of Fidelity High Dividend ETF worth $8,239,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Retirement Planning Group LLC boosted its stake in shares of Fidelity High Dividend ETF by 10.1% in the 3rd quarter. Retirement Planning Group LLC now owns 2,199,223 shares of the company’s stock valued at $122,519,000 after purchasing an additional 201,512 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Fidelity High Dividend ETF by 11.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,840,363 shares of the company’s stock valued at $102,527,000 after acquiring an additional 191,904 shares during the last quarter. Bank of America Corp DE grew its holdings in Fidelity High Dividend ETF by 10.9% during the 2nd quarter. Bank of America Corp DE now owns 1,654,774 shares of the company’s stock worth $86,081,000 after acquiring an additional 162,395 shares during the period. JPMorgan Chase & Co. raised its position in shares of Fidelity High Dividend ETF by 11.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,044,083 shares of the company’s stock valued at $58,166,000 after acquiring an additional 108,544 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Fidelity High Dividend ETF by 13.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,021,750 shares of the company’s stock valued at $53,151,000 after acquiring an additional 117,444 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 0.2%

NYSEARCA:FDVV opened at $59.27 on Wednesday. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $60.12. The firm has a market capitalization of $8.64 billion, a P/E ratio of 17.18 and a beta of 0.92. The stock’s fifty day simple moving average is $57.85 and its 200-day simple moving average is $56.46.

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.