Arkadios Wealth Advisors Acquires 14,731 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Arkadios Wealth Advisors increased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 19.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 90,102 shares of the company’s stock after purchasing an additional 14,731 shares during the quarter. Arkadios Wealth Advisors owned 0.16% of Fidelity High Dividend ETF worth $4,564,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Commonwealth Equity Services LLC boosted its position in Fidelity High Dividend ETF by 11.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock worth $140,229,000 after acquiring an additional 287,984 shares during the last quarter. Kestra Investment Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the second quarter valued at approximately $12,937,000. Envestnet Asset Management Inc. grew its position in 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. Cetera Investment Advisers lifted its position in shares of Fidelity High Dividend ETF by 130.8% during the 1st quarter. Cetera Investment Advisers now owns 384,733 shares of the company’s stock valued at $17,432,000 after acquiring an additional 218,023 shares during the period. Finally, Kestra Advisory Services LLC raised its stake 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 valued at $28,013,000 after purchasing an additional 176,990 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV traded down $0.29 on Friday, hitting $50.96. 355,251 shares of the stock were exchanged, compared to its average volume of 330,369. The firm has a market capitalization of $2.94 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 12 month low of $36.94 and a 12 month high of $51.81. The business has a 50-day moving average of $50.21 and a two-hundred day moving average of $47.85.

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.