Fidelity High Dividend ETF $FDVV Shares Purchased by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 36.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,567 shares of the company’s stock after purchasing an additional 15,504 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Fidelity High Dividend ETF were worth $3,320,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Retirement Planning Group LLC lifted its holdings in Fidelity High Dividend ETF by 5.3% in the fourth quarter. Retirement Planning Group LLC now owns 2,314,770 shares of the company’s stock valued at $131,224,000 after acquiring an additional 115,547 shares during the period. Bank of America Corp DE lifted its holdings in Fidelity High Dividend ETF by 34.6% in the third quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after acquiring an additional 572,218 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Fidelity High Dividend ETF by 11.6% in the third quarter. Envestnet Asset Management Inc. now owns 1,840,363 shares of the company’s stock valued at $102,527,000 after acquiring an additional 191,904 shares during the period. Raymond James Financial Inc. lifted its holdings in Fidelity High Dividend ETF by 62.2% in the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after acquiring an additional 635,591 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in Fidelity High Dividend ETF by 11.6% in the third quarter. JPMorgan Chase & Co. now owns 1,044,083 shares of the company’s stock valued at $58,166,000 after acquiring an additional 108,544 shares during the period.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock opened at $60.17 on Friday. Fidelity High Dividend ETF has a one year low of $49.10 and a one year high of $60.23. The business has a fifty day moving average of $57.48 and a two-hundred day moving average of $57.40. The company has a market cap of $9.36 billion, a P/E ratio of 17.18 and a beta of 0.86.

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.