Fidelity High Dividend ETF $FDVV Shares Purchased by Retirement Planning Group LLC

Retirement Planning Group LLC increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,997,711 shares of the company’s stock after purchasing an additional 170,094 shares during the period. Fidelity High Dividend ETF accounts for approximately 4.4% of Retirement Planning Group LLC’s portfolio, making the stock its 8th largest position. Retirement Planning Group LLC’s holdings in Fidelity High Dividend ETF were worth $103,921,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Commonwealth Equity Services LLC lifted its position in Fidelity High Dividend ETF by 10.4% in the first quarter. Commonwealth Equity Services LLC now owns 3,438,466 shares of the company’s stock valued at $170,548,000 after acquiring an additional 324,452 shares during the last quarter. LPL Financial LLC lifted its position in Fidelity High Dividend ETF by 19.7% in the first quarter. LPL Financial LLC now owns 2,200,888 shares of the company’s stock valued at $109,164,000 after acquiring an additional 362,424 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Fidelity High Dividend ETF by 20.6% in the first quarter. Envestnet Asset Management Inc. now owns 1,361,393 shares of the company’s stock valued at $67,525,000 after acquiring an additional 232,467 shares during the last quarter. Raymond James Financial Inc. lifted its position in Fidelity High Dividend ETF by 62.6% in the first quarter. Raymond James Financial Inc. now owns 904,306 shares of the company’s stock valued at $44,854,000 after acquiring an additional 347,988 shares during the last quarter. Finally, Cetera Investment Advisers lifted its position in Fidelity High Dividend ETF by 28.5% in the first quarter. Cetera Investment Advisers now owns 808,542 shares of the company’s stock valued at $40,104,000 after acquiring an additional 179,107 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $55.91 on Wednesday. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $56.20. The stock has a market cap of $7.26 billion, a PE ratio of 17.18 and a beta of 1.01. The firm has a fifty day moving average price of $55.30 and a 200 day moving average price of $52.21.

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.