Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Acquired by Hilton Capital Management LLC

Hilton Capital Management LLC increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 79.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 9,065 shares of the company’s stock after buying an additional 4,001 shares during the period. Hilton Capital Management LLC’s holdings in Fidelity High Dividend ETF were worth $459,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the business. Commonwealth Equity Services LLC grew its stake in 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 during the period. Envestnet Asset Management Inc. grew its holdings in shares of Fidelity High Dividend ETF by 35.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock worth $47,739,000 after buying an additional 268,292 shares in the last quarter. Childress Capital Advisors LLC raised its position in shares of Fidelity High Dividend ETF by 38.5% in the third quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock valued at $38,479,000 after buying an additional 211,267 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Fidelity High Dividend ETF by 40.1% during the 1st quarter. Kestra Advisory Services LLC now owns 618,263 shares of the company’s stock worth $28,013,000 after purchasing an additional 176,990 shares during the last quarter. Finally, Cetera Investment Advisers increased its holdings 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 valued at $25,411,000 after purchasing an additional 158,465 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV stock opened at $51.74 on Thursday. Fidelity High Dividend ETF has a 12 month low of $39.93 and a 12 month high of $52.17. The firm has a market capitalization of $2.99 billion, a PE ratio of 11.51 and a beta of 0.82. The company’s 50 day simple moving average is $50.84 and its 200-day simple moving average is $48.75.

Fidelity High Dividend ETF 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.