Atria Wealth Solutions Inc. Acquires 170,956 Shares of Fidelity High Dividend ETF $FDVV

Atria Wealth Solutions Inc. boosted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 309.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 226,140 shares of the company’s stock after purchasing an additional 170,956 shares during the period. Atria Wealth Solutions Inc.’s holdings in Fidelity High Dividend ETF were worth $11,771,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. raised its holdings in shares of Fidelity High Dividend ETF by 34.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 66,852 shares of the company’s stock valued at $3,478,000 after buying an additional 17,047 shares during the last quarter. Carbahal Olsen Financial Services Group LLC increased its position in Fidelity High Dividend ETF by 1.4% in the 2nd quarter. Carbahal Olsen Financial Services Group LLC now owns 123,754 shares of the company’s stock valued at $6,438,000 after acquiring an additional 1,653 shares in the last quarter. Ellis Investment Partners LLC increased its position in Fidelity High Dividend ETF by 5.2% in the 2nd quarter. Ellis Investment Partners LLC now owns 4,828 shares of the company’s stock valued at $251,000 after acquiring an additional 240 shares in the last quarter. Investment Advisory Group LLC bought a new position in shares of Fidelity High Dividend ETF in the second quarter worth about $337,000. Finally, Cyndeo Wealth Partners LLC lifted its position in shares of Fidelity High Dividend ETF by 14.7% during the second quarter. Cyndeo Wealth Partners LLC now owns 14,187 shares of the company’s stock worth $738,000 after purchasing an additional 1,815 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV opened at $54.66 on Monday. The stock has a market capitalization of $7.03 billion, a P/E ratio of 17.18 and a beta of 1.01. The company’s 50 day simple moving average is $55.07 and its 200-day simple moving average is $51.89. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $56.20.

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.