Global Retirement Partners LLC Raises Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Global Retirement Partners LLC grew its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 146.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 35,309 shares of the company’s stock after purchasing an additional 20,993 shares during the quarter. Global Retirement Partners LLC’s holdings in Fidelity High Dividend ETF were worth $1,763,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in Fidelity High Dividend ETF by 27.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock worth $12,468,000 after purchasing an additional 52,434 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of Fidelity High Dividend ETF by 5.1% during the third quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock worth $272,000 after buying an additional 260 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Fidelity High Dividend ETF by 29.9% during the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after buying an additional 3,801 shares during the period. Janney Montgomery Scott LLC raised its holdings in 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 acquiring an additional 9,736 shares in the last quarter. Finally, FMR LLC raised 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 acquiring an additional 3,620 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 0.2 %

NYSEARCA FDVV opened at $52.28 on Friday. Fidelity High Dividend ETF has a 52 week low of $43.12 and a 52 week high of $52.78. The firm has a 50 day moving average of $50.71 and a two-hundred day moving average of $50.55. The stock has a market capitalization of $3.02 billion, a PE ratio of 11.51 and a beta of 0.82.

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.