Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Acquired by Stephens Inc. AR

Stephens Inc. AR boosted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.2% in the fourth quarter, Holdings Channel.com reports. The firm owned 100,238 shares of the company’s stock after acquiring an additional 28,217 shares during the quarter. Stephens Inc. AR’s holdings in Fidelity High Dividend ETF were worth $5,006,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC grew its stake in shares of Fidelity High Dividend ETF by 11.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock valued at $140,229,000 after buying an additional 287,984 shares during the period. Systelligence LLC purchased a new stake in Fidelity High Dividend ETF during the third quarter valued at about $14,355,000. Childress Capital Advisors LLC increased its stake in Fidelity High Dividend ETF by 38.5% during the third quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock worth $38,479,000 after acquiring an additional 211,267 shares during the last quarter. Madrona Financial Services LLC purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter worth about $5,844,000. Finally, Kovack Advisors Inc. lifted its stake in shares of Fidelity High Dividend ETF by 138.5% in the 3rd quarter. Kovack Advisors Inc. now owns 200,738 shares of the company’s stock valued at $10,167,000 after purchasing an additional 116,557 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA:FDVV opened at $51.34 on Tuesday. The stock has a 50-day simple moving average of $50.76 and a 200-day simple moving average of $50.36. The stock has a market capitalization of $2.96 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1 year low of $42.53 and a 1 year high of $52.78.

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.