BluePointe Capital Management LLC raised its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 5.4% in the third quarter, Holdings Channel reports. The fund owned 126,572 shares of the company’s stock after acquiring an additional 6,449 shares during the period. Fidelity High Dividend ETF comprises approximately 4.2% of BluePointe Capital Management LLC’s holdings, making the stock its 5th biggest position. BluePointe Capital Management LLC’s holdings in Fidelity High Dividend ETF were worth $6,411,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. EverSource Wealth Advisors LLC bought a new position in shares of Fidelity High Dividend ETF in the first quarter valued at about $35,000. Hantz Financial Services Inc. bought a new position in shares of Fidelity High Dividend ETF in the second quarter valued at about $51,000. ICA Group Wealth Management LLC raised its holdings in shares of Fidelity High Dividend ETF by 105.5% in the second quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after buying an additional 1,555 shares during the last quarter. Baker Avenue Asset Management LP bought a new position in shares of Fidelity High Dividend ETF in the third quarter valued at about $205,000. Finally, Ellis Investment Partners LLC bought a new position in shares of Fidelity High Dividend ETF in the third quarter valued at about $209,000.
Fidelity High Dividend ETF Stock Down 0.3 %
Fidelity High Dividend ETF stock opened at $51.56 on Friday. The stock has a 50-day simple moving average of $50.62 and a 200 day simple moving average of $48.52. Fidelity High Dividend ETF has a 12-month low of $39.52 and a 12-month high of $52.17. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.
About Fidelity High Dividend ETF
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.
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Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
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