Fidelity High Dividend ETF $FDVV Stock Holdings Boosted by D.A. Davidson & CO.

D.A. Davidson & CO. raised its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 13.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 124,675 shares of the company’s stock after purchasing an additional 14,375 shares during the quarter. D.A. Davidson & CO.’s holdings in Fidelity High Dividend ETF were worth $6,486,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MB Levis & Associates LLC bought a new position in Fidelity High Dividend ETF during the 2nd quarter valued at $28,000. IMA Advisory Services Inc. bought a new position in Fidelity High Dividend ETF during the 1st quarter valued at $28,000. Evermay Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter worth $31,000. Iron Horse Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth $34,000. Finally, Creekmur Asset Management LLC bought a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth $35,000.

Fidelity High Dividend ETF Stock Up 0.1%

FDVV opened at $55.86 on Friday. The firm has a market cap of $7.26 billion, a PE ratio of 17.18 and a beta of 1.01. The business has a fifty day simple moving average of $55.34 and a 200-day simple moving average of $52.31. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $56.20.

About Fidelity High Dividend ETF

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.