Retirement Planning Group LLC Raises Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Retirement Planning Group LLC lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVVFree Report) by 9.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 190,921 shares of the company’s stock after acquiring an additional 17,136 shares during the quarter. Fidelity High Dividend ETF accounts for about 0.7% of Retirement Planning Group LLC’s portfolio, making the stock its 22nd largest position. Retirement Planning Group LLC owned 0.47% of Fidelity High Dividend ETF worth $8,651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of FDVV. Tower Research Capital LLC TRC purchased a new stake in Fidelity High Dividend ETF during the 4th quarter worth about $27,000. ICA Group Wealth Management LLC acquired a new stake in Fidelity High Dividend ETF in the fourth quarter valued at approximately $86,000. Householder Group Estate & Retirement Specialist LLC lifted its stake in Fidelity High Dividend ETF by 11.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock worth $159,000 after acquiring an additional 388 shares during the last quarter. SRS Capital Advisors Inc. grew its holdings in Fidelity High Dividend ETF by 28.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 3,896 shares of the company’s stock worth $165,000 after acquiring an additional 867 shares in the last quarter. Finally, Anchor Investment Management LLC purchased a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $177,000.

Fidelity High Dividend ETF Price Performance

Shares of Fidelity High Dividend ETF stock traded down $0.06 during trading on Tuesday, hitting $47.00. 337,573 shares of the stock were exchanged, compared to its average volume of 283,030. The firm’s 50-day moving average price is $45.92 and its 200 day moving average price is $44.25. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 12-month low of $36.94 and a 12-month high of $47.77.

About Fidelity High Dividend ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Fidelity High Dividend ETF (NYSEARCA:FDVV)

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