Sagespring Wealth Partners LLC Grows Position in Fidelity High Dividend ETF $FDVV

Sagespring Wealth Partners LLC increased its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 585,625 shares of the company’s stock after acquiring an additional 48,306 shares during the quarter. Sagespring Wealth Partners LLC owned approximately 0.53% of Fidelity High Dividend ETF worth $30,464,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Perfromance Wealth Partners LLC bought a new position in Fidelity High Dividend ETF in the second quarter worth about $5,599,000. Atria Wealth Solutions Inc. raised its holdings in Fidelity High Dividend ETF by 309.8% in the second quarter. Atria Wealth Solutions Inc. now owns 226,140 shares of the company’s stock worth $11,771,000 after purchasing an additional 170,956 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in 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 worth $3,478,000 after purchasing an additional 17,047 shares in the last quarter. Carbahal Olsen Financial Services Group LLC increased its holdings in shares of Fidelity High Dividend ETF by 1.4% during the second 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. Finally, Ellis Investment Partners LLC increased its holdings in shares of Fidelity High Dividend ETF by 5.2% during the second 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.

Fidelity High Dividend ETF Stock Up 1.1%

FDVV opened at $55.28 on Tuesday. Fidelity High Dividend ETF has a 52-week low of $42.81 and a 52-week high of $56.20. The company has a market cap of $7.11 billion, a P/E ratio of 17.18 and a beta of 1.01. The firm’s 50-day moving average price is $55.10 and its 200-day moving average price is $51.93.

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.