Principle Wealth Partners LLC Has $3.82 Million Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Principle Wealth Partners LLC boosted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 3.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 76,434 shares of the company’s stock after purchasing an additional 2,225 shares during the quarter. Principle Wealth Partners LLC’s holdings in Fidelity High Dividend ETF were worth $3,817,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Newbridge Financial Services Group Inc. acquired a new stake in shares of Fidelity High Dividend ETF in the fourth quarter valued at approximately $428,000. Kestra Private Wealth Services LLC increased its stake in Fidelity High Dividend ETF by 0.5% during the 4th quarter. Kestra Private Wealth Services LLC now owns 96,836 shares of the company’s stock worth $4,836,000 after acquiring an additional 451 shares during the period. Stephens Inc. AR raised its holdings in Fidelity High Dividend ETF by 39.2% in the 4th quarter. Stephens Inc. AR now owns 100,238 shares of the company’s stock valued at $5,006,000 after acquiring an additional 28,217 shares in the last quarter. Advisors Preferred LLC bought a new stake in shares of Fidelity High Dividend ETF during the 4th quarter valued at $692,000. Finally, Kingsview Wealth Management LLC grew its holdings in shares of Fidelity High Dividend ETF by 20.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 32,967 shares of the company’s stock worth $1,646,000 after purchasing an additional 5,694 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $51.34 on Tuesday. The firm has a market cap of $2.96 billion, a P/E ratio of 11.51 and a beta of 0.82. The business’s fifty day moving average is $50.76 and its 200-day moving average is $50.36. Fidelity High Dividend ETF has a 52-week low of $42.53 and a 52-week high of $52.78.

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.