Old Mission Investment Co LLC Buys Shares of 57,063 Fidelity High Dividend ETF $FDVV

Old Mission Investment Co LLC bought a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 57,063 shares of the company’s stock, valued at approximately $3,440,000. Fidelity High Dividend ETF comprises approximately 0.7% of Old Mission Investment Co LLC’s investment portfolio, making the stock its 27th biggest holding.

Other institutional investors and hedge funds have also made changes to their positions in the company. LPL Financial LLC lifted its stake in Fidelity High Dividend ETF by 36.8% in the fourth quarter. LPL Financial LLC now owns 6,160,630 shares of the company’s stock valued at $349,246,000 after buying an additional 1,655,768 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Fidelity High Dividend ETF by 2.5% during the fourth 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 last quarter. Retirement Planning Group LLC grew its position in shares of Fidelity High Dividend ETF by 9.4% during the first quarter. Retirement Planning Group LLC now owns 2,532,542 shares of the company’s stock worth $139,898,000 after acquiring an additional 217,772 shares during the last quarter. Morgan Stanley increased its holdings in shares of Fidelity High Dividend ETF by 7.6% in the 4th quarter. Morgan Stanley now owns 2,520,014 shares of the company’s stock worth $142,860,000 after acquiring an additional 177,157 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of Fidelity High Dividend ETF by 4.6% in the 1st quarter. Bank of America Corp DE now owns 2,367,217 shares of the company’s stock worth $130,765,000 after acquiring an additional 104,028 shares during the period.

Fidelity High Dividend ETF Stock Down 0.5%

Shares of NYSEARCA:FDVV opened at $63.44 on Friday. The company’s 50-day moving average price is $62.71 and its 200 day moving average price is $60.08. The company has a market cap of $10.30 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a fifty-two week low of $53.77 and a fifty-two week high of $64.54.

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.