Tranquility Partners LLC Has $334,000 Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Tranquility Partners LLC cut its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,590 shares of the company’s stock after selling 303 shares during the quarter. Tranquility Partners LLC’s holdings in Fidelity High Dividend ETF were worth $334,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Raymond James Financial Services Advisors Inc. raised its stake in shares of Fidelity High Dividend ETF by 0.3% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 222,397 shares of the company’s stock worth $10,404,000 after acquiring an additional 762 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Fidelity High Dividend ETF by 43.7% in the third quarter. Janney Montgomery Scott LLC now owns 32,028 shares of the company’s stock valued at $1,622,000 after purchasing an additional 9,736 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Fidelity High Dividend ETF by 431.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 52,631 shares of the company’s stock worth $2,462,000 after purchasing an additional 42,736 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Fidelity High Dividend ETF by 20.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 247,198 shares of the company’s stock worth $11,564,000 after buying an additional 41,719 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in Fidelity High Dividend ETF by 6.2% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 5,110 shares of the company’s stock valued at $239,000 after buying an additional 300 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $51.67 on Tuesday. Fidelity High Dividend ETF has a 52 week low of $39.86 and a 52 week high of $52.17. The stock has a market capitalization of $2.98 billion, a P/E ratio of 11.51 and a beta of 0.82. The stock has a fifty day moving average of $50.73 and a 200-day moving average of $48.65.

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.