Fidelity High Dividend ETF $FDVV Shares Sold by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. lowered its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 802,778 shares of the company’s stock after selling 77,078 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $45,509,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FDVV. Raymond James Financial Inc. raised its stake in shares of Fidelity High Dividend ETF by 62.2% during the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock worth $92,330,000 after purchasing an additional 635,591 shares during the last quarter. Bank of America Corp DE raised its stake in shares of 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 worth $124,066,000 after purchasing an additional 572,218 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in shares of Fidelity High Dividend ETF during the third quarter worth approximately $28,056,000. Jane Street Group LLC raised its stake in shares of Fidelity High Dividend ETF by 301.9% during the second quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock worth $27,295,000 after purchasing an additional 394,131 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of Fidelity High Dividend ETF by 271.0% during the third quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock worth $22,251,000 after purchasing an additional 291,754 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $59.26 on Monday. Fidelity High Dividend ETF has a 12 month low of $49.10 and a 12 month high of $60.12. The business has a 50 day simple moving average of $57.30 and a 200-day simple moving average of $57.30. The stock has a market capitalization of $9.21 billion, a PE ratio of 17.18 and a beta of 0.86.

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.