Spire Wealth Management Buys 682 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Spire Wealth Management grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVVFree Report) by 28.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,120 shares of the company’s stock after purchasing an additional 682 shares during the period. Spire Wealth Management’s holdings in Fidelity High Dividend ETF were worth $120,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. UBS Group AG purchased a new stake in Fidelity High Dividend ETF during the first quarter worth $32,000. Coastal Investment Advisors Inc. acquired a new position in shares of Fidelity High Dividend ETF in the second quarter worth about $34,000. Belpointe Asset Management LLC boosted its stake in shares of Fidelity High Dividend ETF by 226.0% during the 1st quarter. Belpointe Asset Management LLC now owns 965 shares of the company’s stock worth $37,000 after acquiring an additional 669 shares in the last quarter. Global Retirement Partners LLC grew its position in shares of Fidelity High Dividend ETF by 119.9% during the 3rd quarter. Global Retirement Partners LLC now owns 1,517 shares of the company’s stock valued at $57,000 after acquiring an additional 827 shares during the period. Finally, Retirement Group LLC grew its position in shares of Fidelity High Dividend ETF by 41.7% during the 2nd quarter. Retirement Group LLC now owns 2,125 shares of the company’s stock valued at $84,000 after acquiring an additional 625 shares during the period.

Fidelity High Dividend ETF Trading Down 0.0 %

NYSEARCA FDVV opened at $43.19 on Friday. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 10.36 and a beta of 1.01. The stock has a 50-day moving average of $42.24 and a 200 day moving average of $40.52. Fidelity High Dividend ETF has a twelve month low of $36.08 and a twelve month high of $43.38.

Fidelity High Dividend ETF Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Fidelity High Dividend ETF (NYSEARCA:FDVV)

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