Integrated Wealth Concepts LLC Raises Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Integrated Wealth Concepts LLC raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 6.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 325,621 shares of the company’s stock after acquiring an additional 20,832 shares during the period. Integrated Wealth Concepts LLC’s holdings in Fidelity High Dividend ETF were worth $16,493,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Investmark Advisory Group LLC grew its position in Fidelity High Dividend ETF by 2.2% during the 3rd quarter. Investmark Advisory Group LLC now owns 81,512 shares of the company’s stock worth $4,129,000 after purchasing an additional 1,785 shares during the last quarter. HighTower Advisors LLC lifted its stake in Fidelity High Dividend ETF by 29.9% in the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after acquiring an additional 3,801 shares during the last quarter. FMR LLC boosted its holdings in Fidelity High Dividend ETF by 4.7% in the third quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after purchasing an additional 3,620 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Fidelity High Dividend ETF by 172.1% in the third quarter. D.A. Davidson & CO. now owns 77,227 shares of the company’s stock valued at $3,912,000 after acquiring an additional 48,849 shares during the period. Finally, Centaurus Financial Inc. purchased a new stake in shares of Fidelity High Dividend ETF during the third quarter worth approximately $778,000.

Fidelity High Dividend ETF Price Performance

NYSEARCA:FDVV traded down $0.25 during mid-day trading on Tuesday, reaching $52.38. The company’s stock had a trading volume of 530,431 shares, compared to its average volume of 347,210. The company’s fifty day simple moving average is $51.26 and its two-hundred day simple moving average is $49.16. The stock has a market cap of $3.02 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a twelve month low of $40.39 and a twelve month high of $52.78.

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.