Fidelity High Dividend ETF (NYSEARCA:FDVV) Stake Boosted by Ballew Advisors Inc

Ballew Advisors Inc raised its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,908 shares of the company’s stock after buying an additional 266 shares during the quarter. Fidelity High Dividend ETF accounts for 0.9% of Ballew Advisors Inc’s portfolio, making the stock its 25th largest position. Ballew Advisors Inc’s holdings in Fidelity High Dividend ETF were worth $1,380,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Commonwealth Equity Services LLC lifted its position in shares of Fidelity High Dividend ETF by 11.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock valued at $140,229,000 after acquiring an additional 287,984 shares in the last quarter. Childress Capital Advisors LLC raised its stake in Fidelity High Dividend ETF by 38.5% during the 3rd quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock valued at $38,479,000 after purchasing an additional 211,267 shares during the period. McIlrath & Eck LLC lifted its holdings in shares of Fidelity High Dividend ETF by 14.8% in the third quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock valued at $29,320,000 after purchasing an additional 74,731 shares in the last quarter. Cetera Investment Advisers boosted its position in shares of Fidelity High Dividend ETF by 41.2% in the second quarter. Cetera Investment Advisers now owns 543,198 shares of the company’s stock worth $25,411,000 after buying an additional 158,465 shares during the period. Finally, Allworth Financial LP grew its holdings in shares of Fidelity High Dividend ETF by 5.3% during the third quarter. Allworth Financial LP now owns 468,637 shares of the company’s stock valued at $23,736,000 after buying an additional 23,565 shares in the last quarter.

Fidelity High Dividend ETF Trading Up 0.8 %

NYSEARCA:FDVV opened at $50.88 on Friday. The business’s fifty day moving average price is $51.09 and its 200 day moving average price is $50.04. The firm has a market capitalization of $2.94 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 $41.87 and a 1-year high of $52.78.

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.