Concurrent Investment Advisors LLC Boosts Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Concurrent Investment Advisors LLC lifted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 135.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 41,563 shares of the company’s stock after buying an additional 23,884 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.07% of Fidelity High Dividend ETF worth $2,105,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of FDVV. EverSource Wealth Advisors LLC purchased a new stake in shares of Fidelity High Dividend ETF during the first quarter worth $35,000. Hantz Financial Services Inc. bought a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter valued at $51,000. ICA Group Wealth Management LLC lifted its holdings in Fidelity High Dividend ETF by 105.5% during the 2nd quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock worth $142,000 after purchasing an additional 1,555 shares in the last quarter. Ellis Investment Partners LLC bought a new position in Fidelity High Dividend ETF in the 3rd quarter worth about $209,000. Finally, Larson Financial Group LLC grew its holdings in Fidelity High Dividend ETF by 6,777.4% during the 2nd quarter. Larson Financial Group LLC now owns 4,264 shares of the company’s stock valued at $199,000 after buying an additional 4,202 shares in the last quarter.

Fidelity High Dividend ETF Trading Up 0.3 %

Shares of Fidelity High Dividend ETF stock opened at $51.82 on Friday. The company’s 50-day moving average price is $50.45 and its 200-day moving average price is $48.28. Fidelity High Dividend ETF has a 12-month low of $38.36 and a 12-month high of $51.89. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.