StoneX Group Inc. Buys 9,248 Shares of Fidelity High Dividend ETF $FDVV

StoneX Group Inc. bought a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 3rd quarter, Holdings Channel.com reports. The firm bought 9,248 shares of the company’s stock, valued at approximately $562,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Focus Financial Network Inc. raised its position in Fidelity High Dividend ETF by 2.0% during the second quarter. Focus Financial Network Inc. now owns 12,174 shares of the company’s stock valued at $734,000 after purchasing an additional 238 shares in the last quarter. JGP Wealth Management LLC lifted its stake in Fidelity High Dividend ETF by 3.0% during the third quarter. JGP Wealth Management LLC now owns 8,295 shares of the company’s stock worth $504,000 after purchasing an additional 244 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 2.7% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 10,956 shares of the company’s stock worth $661,000 after purchasing an additional 292 shares in the last quarter. Brown Lisle Cummings Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 3.6% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 10,155 shares of the company’s stock worth $617,000 after purchasing an additional 350 shares in the last quarter. Finally, Optivise Advisory Services LLC boosted its holdings in shares of Fidelity High Dividend ETF by 5.6% in the 3rd quarter. Optivise Advisory Services LLC now owns 8,165 shares of the company’s stock worth $496,000 after purchasing an additional 433 shares in the last quarter.

Fidelity High Dividend ETF Trading Up 0.6%

Shares of Fidelity High Dividend ETF stock opened at $62.70 on Thursday. The firm has a market capitalization of $10.54 billion, a PE ratio of 18.94 and a beta of 0.87. The business’s 50-day moving average price is $62.09 and its 200-day moving average price is $60.45. Fidelity High Dividend ETF has a 12 month low of $53.77 and a 12 month 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.