Stifel Financial Corp Lowers Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Stifel Financial Corp cut its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 174,391 shares of the company’s stock after selling 9,503 shares during the period. Stifel Financial Corp owned about 0.30% of Fidelity High Dividend ETF worth $8,833,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Octavia Wealth Advisors LLC increased its stake in Fidelity High Dividend ETF by 0.9% in the third quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock valued at $1,213,000 after acquiring an additional 222 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in Fidelity High Dividend ETF by 5.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock worth $272,000 after purchasing an additional 260 shares during the period. MWA Asset Management increased its position in Fidelity High Dividend ETF by 3.4% during the 2nd quarter. MWA Asset Management now owns 11,998 shares of the company’s stock valued at $561,000 after buying an additional 398 shares in the last quarter. FSC Wealth Advisors LLC increased its holdings in shares of Fidelity High Dividend ETF by 4.2% during the third quarter. FSC Wealth Advisors LLC now owns 11,943 shares of the company’s stock valued at $605,000 after acquiring an additional 476 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in Fidelity High Dividend ETF in the third quarter worth about $25,000.

Fidelity High Dividend ETF Stock Performance

FDVV stock opened at $51.28 on Friday. The business’s 50-day moving average is $51.50 and its two-hundred day moving average is $49.42. Fidelity High Dividend ETF has a fifty-two week low of $40.89 and a fifty-two week high of $52.78. The company has a market cap of $2.96 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.