Dahring Cusmano LLC Has $3.63 Million Stock Holdings in Fidelity High Dividend ETF $FDVV

Dahring Cusmano LLC raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 452.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 65,759 shares of the company’s stock after purchasing an additional 53,858 shares during the quarter. Fidelity High Dividend ETF makes up about 2.2% of Dahring Cusmano LLC’s portfolio, making the stock its 14th biggest holding. Dahring Cusmano LLC’s holdings in Fidelity High Dividend ETF were worth $3,633,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC boosted its holdings in shares of Fidelity High Dividend ETF by 36.8% in the 4th 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. Raymond James Financial Inc. increased its holdings in 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 buying an additional 635,591 shares during the last quarter. Bank of America Corp DE raised its position in 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 acquiring an additional 572,218 shares in the last quarter. Baer Investment Advisory LLC bought a new stake in Fidelity High Dividend ETF during the first quarter worth $30,326,000. Finally, Jane Street Group LLC lifted its stake in Fidelity High Dividend ETF by 301.9% in the second quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock valued at $27,295,000 after acquiring an additional 394,131 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $62.65 on Friday. The company has a fifty day moving average price of $60.81 and a two-hundred day moving average price of $58.73. Fidelity High Dividend ETF has a one year low of $52.86 and a one year high of $62.71. The stock has a market cap of $10.10 billion, a P/E 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.