Patriot Financial Group Insurance Agency LLC Has $9.66 Million Stock Holdings in Fidelity High Dividend ETF $FDVV

Patriot Financial Group Insurance Agency LLC raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 100.6% in the first quarter, Holdings Channel reports. The firm owned 174,898 shares of the company’s stock after acquiring an additional 87,703 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in Fidelity High Dividend ETF were worth $9,661,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $25,000. Monetary Solutions Ltd bought a new position in shares of Fidelity High Dividend ETF in the fourth quarter valued at $26,000. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the second quarter worth $27,000. Optima Capital LLC acquired a new position in Fidelity High Dividend ETF during the fourth quarter worth $33,000. Finally, Dunhill Financial LLC bought a new stake in Fidelity High Dividend ETF during the fourth quarter worth $41,000.

Fidelity High Dividend ETF Trading Up 0.3%

NYSEARCA FDVV opened at $60.12 on Friday. The firm has a market capitalization of $9.35 billion, a P/E ratio of 17.18 and a beta of 0.86. The firm’s fifty day moving average price is $60.05 and its two-hundred day moving average price is $58.27. Fidelity High Dividend ETF has a 1 year low of $51.59 and a 1 year high of $62.06.

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.