Larson Financial Group LLC Grows Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Larson Financial Group LLC boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 6,777.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 4,264 shares of the company’s stock after acquiring an additional 4,202 shares during the period. Larson Financial Group LLC’s holdings in Fidelity High Dividend ETF were worth $199,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have 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 1st quarter valued at $35,000. LifeSteps Financial Inc. purchased a new stake in shares of Fidelity High Dividend ETF during the 1st quarter valued at $39,000. Hantz Financial Services Inc. purchased a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter valued at $51,000. ICA Group Wealth Management LLC purchased a new stake in shares of Fidelity High Dividend ETF during the 4th quarter valued at $86,000. Finally, Valley National Advisers Inc. grew its stake in shares of Fidelity High Dividend ETF by 19.1% during the 1st quarter. Valley National Advisers Inc. now owns 3,042 shares of the company’s stock valued at $137,000 after buying an additional 487 shares during the period.

Fidelity High Dividend ETF Stock Down 1.4 %

Shares of NYSEARCA FDVV opened at $48.44 on Friday. Fidelity High Dividend ETF has a 52-week low of $36.94 and a 52-week high of $50.15. The firm has a fifty day moving average of $48.34 and a 200-day moving average of $46.38. The stock has a market capitalization of $2.79 billion, a PE ratio of 11.51 and a beta of 0.82.

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.