Citizens Financial Group Inc. RI Takes $402,000 Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Citizens Financial Group Inc. RI purchased a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 9,500 shares of the company’s stock, valued at approximately $402,000.

Several other large investors also recently bought and sold shares of FDVV. Commonwealth Equity Services LLC lifted its stake in shares of Fidelity High Dividend ETF by 30.5% in the third quarter. Commonwealth Equity Services LLC now owns 1,658,376 shares of the company’s stock worth $63,997,000 after acquiring an additional 387,179 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Fidelity High Dividend ETF by 7.8% during the third quarter. Envestnet Asset Management Inc. now owns 571,551 shares of the company’s stock worth $22,056,000 after buying an additional 41,353 shares in the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of Fidelity High Dividend ETF by 130.3% in the third quarter. Integrated Wealth Concepts LLC now owns 520,222 shares of the company’s stock worth $20,075,000 after buying an additional 294,344 shares during the last quarter. LPL Financial LLC raised its holdings in Fidelity High Dividend ETF by 7.7% in the third quarter. LPL Financial LLC now owns 498,323 shares of the company’s stock valued at $19,230,000 after acquiring an additional 35,437 shares in the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in Fidelity High Dividend ETF by 2.4% during the 3rd quarter. Kestra Advisory Services LLC now owns 396,854 shares of the company’s stock valued at $15,315,000 after acquiring an additional 9,248 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $44.41 on Monday. Fidelity High Dividend ETF has a 1-year low of $36.94 and a 1-year high of $45.42. The company has a 50-day moving average of $44.36 and a 200-day moving average of $42.19. The company has a market capitalization of $2.52 billion, a P/E ratio of 11.12 and a beta of 0.84.

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.