14,127 Shares in Fidelity High Dividend ETF $FDVV Bought by Root Financial Partners LLC

Root Financial Partners LLC purchased a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 14,127 shares of the company’s stock, valued at approximately $858,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Retirement Planning Group LLC bought a new stake in shares of Fidelity High Dividend ETF during the 3rd quarter valued at about $176,774,000. Envestnet Asset Management Inc. increased its position in shares of Fidelity High Dividend ETF by 6.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,581,834 shares of the company’s stock valued at $155,659,000 after purchasing an additional 148,465 shares during the last quarter. Bank of America Corp DE increased its position in shares of Fidelity High Dividend ETF by 4.6% during the 1st quarter. Bank of America Corp DE now owns 2,367,217 shares of the company’s stock valued at $130,765,000 after purchasing an additional 104,028 shares during the last quarter. Cetera Investment Advisers increased its position in shares of Fidelity High Dividend ETF by 15.7% during the 1st quarter. Cetera Investment Advisers now owns 2,017,386 shares of the company’s stock valued at $111,440,000 after purchasing an additional 273,148 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in shares of Fidelity High Dividend ETF by 16.6% in the 1st quarter. Kestra Advisory Services LLC now owns 1,077,418 shares of the company’s stock worth $59,517,000 after purchasing an additional 153,640 shares during the period.

Fidelity High Dividend ETF Trading Down 0.7%

Shares of FDVV stock opened at $61.97 on Friday. Fidelity High Dividend ETF has a 12 month low of $53.77 and a 12 month high of $64.54. The stock has a market cap of $10.42 billion, a P/E ratio of 17.18 and a beta of 0.86. The company has a 50 day simple moving average of $62.30 and a two-hundred day simple moving average of $61.27.

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.