Ameritas Advisory Services LLC Buys 1,102 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Ameritas Advisory Services LLC boosted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,798 shares of the company’s stock after purchasing an additional 1,102 shares during the period. Ameritas Advisory Services LLC’s holdings in Fidelity High Dividend ETF were worth $1,020,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Perigon Wealth Management LLC grew its position in Fidelity High Dividend ETF by 2.8% during the first quarter. Perigon Wealth Management LLC now owns 8,879 shares of the company’s stock valued at $402,000 after buying an additional 245 shares during the period. Core Wealth Advisors Inc. raised its holdings in Fidelity High Dividend ETF by 2.4% in the 4th quarter. Core Wealth Advisors Inc. now owns 11,425 shares of the company’s stock worth $483,000 after purchasing an additional 272 shares during the period. FSC Wealth Advisors LLC lifted its position in Fidelity High Dividend ETF by 2.6% during the second quarter. FSC Wealth Advisors LLC now owns 11,467 shares of the company’s stock valued at $536,000 after purchasing an additional 293 shares in the last quarter. MWA Asset Management grew its holdings in Fidelity High Dividend ETF by 3.4% during the second quarter. MWA Asset Management now owns 11,998 shares of the company’s stock valued at $561,000 after purchasing an additional 398 shares during the period. Finally, Mission Wealth Management LP increased its position in Fidelity High Dividend ETF by 6.7% in the first quarter. Mission Wealth Management LP now owns 7,266 shares of the company’s stock worth $329,000 after buying an additional 455 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock traded up $0.04 during trading hours on Thursday, reaching $49.72. 387,663 shares of the company traded hands, compared to its average volume of 312,833. The firm has a 50-day moving average price of $48.04 and a 200 day moving average price of $46.13. The company has a market cap of $2.87 billion, a P/E 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 $50.09.

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.