D.A. Davidson & CO. Purchases 48,849 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

D.A. Davidson & CO. boosted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 172.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 77,227 shares of the company’s stock after acquiring an additional 48,849 shares during the quarter. D.A. Davidson & CO.’s holdings in Fidelity High Dividend ETF were worth $3,912,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Atria Investments Inc boosted its position in Fidelity High Dividend ETF by 210.9% in the 1st quarter. Atria Investments Inc now owns 121,199 shares of the company’s stock valued at $5,492,000 after buying an additional 82,215 shares during the period. Cetera Investment Advisers boosted its position in Fidelity High Dividend ETF by 130.8% in the 1st quarter. Cetera Investment Advisers now owns 384,733 shares of the company’s stock valued at $17,432,000 after buying an additional 218,023 shares during the period. Cetera Advisors LLC boosted its position in Fidelity High Dividend ETF by 565.6% in the 1st quarter. Cetera Advisors LLC now owns 152,312 shares of the company’s stock valued at $6,901,000 after buying an additional 129,429 shares during the period. EverSource Wealth Advisors LLC purchased a new stake in Fidelity High Dividend ETF in the 1st quarter valued at about $35,000. Finally, Bright Futures Wealth Management LLC. purchased a new stake in Fidelity High Dividend ETF in the 1st quarter valued at about $2,300,000.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $52.37 on Friday. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1 year low of $40.10 and a 1 year high of $52.72. The firm has a 50-day moving average of $51.17 and a two-hundred day moving average of $49.03.

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.