Raymond James Financial Services Advisors Inc. Grows Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Raymond James Financial Services Advisors Inc. lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 222,397 shares of the company’s stock after purchasing an additional 762 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $10,404,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in FDVV. Commonwealth Equity Services LLC grew its position in shares of Fidelity High Dividend ETF by 19.4% in the first quarter. Commonwealth Equity Services LLC now owns 2,240,932 shares of the company’s stock valued at $101,537,000 after purchasing an additional 364,298 shares in the last quarter. Arden Trust Co purchased a new stake in shares of Fidelity High Dividend ETF in the first quarter valued at approximately $10,217,000. Cetera Investment Advisers grew its position in shares of Fidelity High Dividend ETF by 130.8% in the first quarter. Cetera Investment Advisers now owns 384,733 shares of the company’s stock valued at $17,432,000 after purchasing an additional 218,023 shares in the last quarter. Kestra Advisory Services LLC grew its position in Fidelity High Dividend ETF by 40.1% in the first quarter. Kestra Advisory Services LLC now owns 618,263 shares of the company’s stock worth $28,013,000 after acquiring an additional 176,990 shares during the period. Finally, Osaic Holdings Inc. grew its position in Fidelity High Dividend ETF by 17.2% in the first quarter. Osaic Holdings Inc. now owns 1,163,964 shares of the company’s stock worth $52,744,000 after acquiring an additional 170,970 shares during the period.

Fidelity High Dividend ETF Stock Performance

Shares of Fidelity High Dividend ETF stock opened at $49.88 on Friday. The firm has a market capitalization of $2.88 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $36.94 and a fifty-two week high of $49.91. The stock has a 50 day moving average of $47.86 and a 200 day moving average of $45.94.

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.