Larson Financial Group LLC Has $282,000 Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Larson Financial Group LLC raised its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 30.4% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 5,560 shares of the company’s stock after acquiring an additional 1,296 shares during the period. Larson Financial Group LLC’s holdings in Fidelity High Dividend ETF were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in Fidelity High Dividend ETF in the 3rd quarter valued at approximately $25,000. EverSource Wealth Advisors LLC acquired a new stake in Fidelity High Dividend ETF in the 1st quarter valued at approximately $35,000. Hantz Financial Services Inc. acquired a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter worth approximately $51,000. ICA Group Wealth Management LLC grew its holdings in shares of Fidelity High Dividend ETF by 105.5% during the 2nd quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock worth $142,000 after purchasing an additional 1,555 shares in the last quarter. Finally, Baker Avenue Asset Management LP acquired a new stake in shares of Fidelity High Dividend ETF during the 3rd quarter worth approximately $205,000.

Fidelity High Dividend ETF Trading Down 0.3 %

Shares of NYSEARCA:FDVV opened at $52.37 on Thursday. Fidelity High Dividend ETF has a 1-year low of $40.10 and a 1-year high of $52.72. The firm has a market capitalization of $3.02 billion, a PE ratio of 11.51 and a beta of 0.82. The business’s 50 day moving average is $51.13 and its 200-day moving average is $49.01.

About Fidelity High Dividend ETF

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.