Global Retirement Partners LLC Purchases 17,608 Shares of Fidelity High Dividend ETF $FDVV

Global Retirement Partners LLC grew its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 23.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 92,881 shares of the company’s stock after buying an additional 17,608 shares during the period. Global Retirement Partners LLC’s holdings in Fidelity High Dividend ETF were worth $5,174,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FDVV. Ballew Advisors Inc lifted its stake in shares of Fidelity High Dividend ETF by 0.7% during the 3rd quarter. Ballew Advisors Inc now owns 29,458 shares of the company’s stock worth $1,632,000 after acquiring an additional 193 shares during the last quarter. Assetmark Inc. increased its stake in Fidelity High Dividend ETF by 80.5% in the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after purchasing an additional 211 shares during the period. Wealth Management Associates Inc. lifted its position in shares of Fidelity High Dividend ETF by 2.6% during the first quarter. Wealth Management Associates Inc. now owns 8,937 shares of the company’s stock worth $443,000 after purchasing an additional 230 shares during the last quarter. Ellis Investment Partners LLC lifted its position in shares of Fidelity High Dividend ETF by 5.2% during the second quarter. Ellis Investment Partners LLC now owns 4,828 shares of the company’s stock worth $251,000 after purchasing an additional 240 shares during the last quarter. Finally, Accurate Wealth Management LLC boosted its stake in shares of Fidelity High Dividend ETF by 2.0% during the second quarter. Accurate Wealth Management LLC now owns 13,852 shares of the company’s stock valued at $739,000 after purchasing an additional 275 shares during the period.

Fidelity High Dividend ETF Trading Up 0.6%

NYSEARCA FDVV opened at $57.04 on Monday. The stock has a market cap of $8.03 billion, a PE ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 12 month low of $42.81 and a 12 month high of $57.44. The company’s 50-day moving average price is $56.44 and its 200-day moving average price is $55.10.

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.