Retirement Planning Group LLC Buys 115,547 Shares of Fidelity High Dividend ETF $FDVV

Retirement Planning Group LLC grew its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,314,770 shares of the company’s stock after purchasing an additional 115,547 shares during the period. Fidelity High Dividend ETF makes up 4.3% of Retirement Planning Group LLC’s investment portfolio, making the stock its 7th biggest holding. Retirement Planning Group LLC owned about 1.59% of Fidelity High Dividend ETF worth $131,224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Melfa Wealth Management Inc. lifted its position in Fidelity High Dividend ETF by 1.1% in the 3rd quarter. Melfa Wealth Management Inc. now owns 19,141 shares of the company’s stock valued at $1,066,000 after acquiring an additional 212 shares in the last quarter. Archer Investment Corp lifted its position in Fidelity High Dividend ETF by 7.2% in the 3rd quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock valued at $179,000 after acquiring an additional 217 shares in the last quarter. GWN Securities Inc. lifted its position in Fidelity High Dividend ETF by 3.2% in the 3rd quarter. GWN Securities Inc. now owns 8,081 shares of the company’s stock valued at $450,000 after acquiring an additional 252 shares in the last quarter. Fiscal Wisdom Wealth Management LLC lifted its position in Fidelity High Dividend ETF by 7.6% in the 4th quarter. Fiscal Wisdom Wealth Management LLC now owns 4,352 shares of the company’s stock valued at $247,000 after acquiring an additional 309 shares in the last quarter. Finally, Fairvoy Private Wealth LLC lifted its position in Fidelity High Dividend ETF by 4.0% in the 4th quarter. Fairvoy Private Wealth LLC now owns 8,052 shares of the company’s stock valued at $456,000 after acquiring an additional 313 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV opened at $59.62 on Thursday. Fidelity High Dividend ETF has a fifty-two week low of $48.15 and a fifty-two week high of $60.12. The stock has a market cap of $9.27 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The firm’s 50-day simple moving average is $57.23 and its 200 day simple moving average is $57.14.

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.