Fidelity High Dividend ETF $FDVV Shares Acquired by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. grew its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 36.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,567 shares of the company’s stock after acquiring an additional 15,504 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Fidelity High Dividend ETF were worth $3,320,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FDVV. Raymond James Financial Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 62.2% in the third quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after acquiring an additional 635,591 shares during the period. Bank of America Corp DE lifted its holdings 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 period. Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in shares of Fidelity High Dividend ETF during the third quarter worth $28,056,000. Jane Street Group LLC lifted its holdings 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 period. Finally, Private Advisor Group LLC lifted its holdings 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 period.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $60.17 on Friday. The stock has a fifty day moving average price of $57.48 and a 200 day moving average price of $57.40. Fidelity High Dividend ETF has a 1-year low of $49.10 and a 1-year high of $60.23. The company has a market cap of $9.36 billion, a PE ratio of 17.18 and a beta of 0.86.

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.