LongView Wealth Management Has $667,000 Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

LongView Wealth Management lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,176 shares of the company’s stock after acquiring an additional 1,031 shares during the period. LongView Wealth Management’s holdings in Fidelity High Dividend ETF were worth $667,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. raised its position in shares of Fidelity High Dividend ETF by 26.2% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 16,914 shares of the company’s stock valued at $766,000 after acquiring an additional 3,507 shares during the period. Oppenheimer & Co. Inc. raised its holdings in Fidelity High Dividend ETF by 52.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 23,279 shares of the company’s stock worth $1,055,000 after buying an additional 7,962 shares during the period. First Foundation Advisors acquired a new stake in Fidelity High Dividend ETF during the 1st quarter worth approximately $204,000. Raymond James Financial Services Advisors Inc. raised its holdings in Fidelity High Dividend ETF by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 222,397 shares of the company’s stock worth $10,404,000 after buying an additional 762 shares during the period. Finally, Global Assets Advisory LLC acquired a new stake in Fidelity High Dividend ETF during the 1st quarter worth approximately $501,000.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV stock opened at $51.07 on Friday. The company has a market capitalization of $2.95 billion, a P/E ratio of 11.51 and a beta of 0.82. The company’s 50 day moving average price is $49.40 and its two-hundred day moving average price is $47.37. Fidelity High Dividend ETF has a 52 week low of $36.94 and a 52 week high of $51.10.

Fidelity High Dividend ETF Company 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.