Total Clarity Wealth Management Inc. Boosts Position in Fidelity High Dividend ETF $FDVV

Total Clarity Wealth Management Inc. raised its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 124.8% during the first quarter, Holdings Channel reports. The fund owned 16,210 shares of the company’s stock after acquiring an additional 8,998 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Fidelity High Dividend ETF were worth $895,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC grew its stake in shares of Fidelity High Dividend ETF by 36.8% during the 4th quarter. LPL Financial LLC now owns 6,160,630 shares of the company’s stock valued at $349,246,000 after acquiring an additional 1,655,768 shares during the period. Commonwealth Equity Services LLC raised its stake in Fidelity High Dividend ETF by 2.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,034,654 shares of the company’s stock worth $172,035,000 after acquiring an additional 75,387 shares during the period. Morgan Stanley lifted its holdings in Fidelity High Dividend ETF by 7.6% during the fourth quarter. Morgan Stanley now owns 2,520,014 shares of the company’s stock valued at $142,860,000 after purchasing an additional 177,157 shares in the last quarter. Retirement Planning Group LLC lifted its holdings in Fidelity High Dividend ETF by 5.3% during the fourth quarter. Retirement Planning Group LLC now owns 2,314,770 shares of the company’s stock valued at $131,224,000 after purchasing an additional 115,547 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in Fidelity High Dividend ETF by 34.6% during 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 purchasing an additional 572,218 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $60.39 on Tuesday. Fidelity High Dividend ETF has a one year low of $50.53 and a one year high of $62.06. The company’s fifty day moving average price is $59.85 and its 200-day moving average price is $58.18. The company has a market capitalization of $9.39 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86.

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.