Fifth Third Securities Inc. Has $6.82 Million Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Fifth Third Securities Inc. increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 22.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 136,633 shares of the company’s stock after buying an additional 24,698 shares during the period. Fifth Third Securities Inc. owned 0.24% of Fidelity High Dividend ETF worth $6,823,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at about $25,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at about $75,000. Baker Avenue Asset Management LP acquired a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at about $205,000. Daymark Wealth Partners LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $206,000. Finally, Ellis Investment Partners LLC acquired a new position in Fidelity High Dividend ETF during the 3rd quarter valued at about $209,000.

Fidelity High Dividend ETF Stock Performance

FDVV stock opened at $50.91 on Friday. The company has a market capitalization of $2.94 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 52-week low of $42.53 and a 52-week high of $52.78. The business has a 50-day simple moving average of $50.99 and a two-hundred day simple moving average of $50.23.

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.