Oppenheimer & Co. Inc. Has $4 Million Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Oppenheimer & Co. Inc. lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 11.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 80,617 shares of the company’s stock after purchasing an additional 8,339 shares during the quarter. Oppenheimer & Co. Inc. owned 0.08% of Fidelity High Dividend ETF worth $3,999,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Retirement Planning Group LLC increased its stake in Fidelity High Dividend ETF by 595.3% during the 1st quarter. Retirement Planning Group LLC now owns 1,827,617 shares of the company’s stock valued at $90,650,000 after purchasing an additional 1,564,773 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Fidelity High Dividend ETF by 96.5% during the fourth quarter. LPL Financial LLC now owns 1,838,464 shares of the company’s stock valued at $91,813,000 after buying an additional 902,912 shares during the last quarter. Independent Advisor Alliance bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth about $44,154,000. Raymond James Financial Inc. bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth about $27,783,000. Finally, Sagespring Wealth Partners LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 1st quarter worth about $26,651,000.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV opened at $51.29 on Thursday. The stock has a market cap of $5.33 billion, a price-to-earnings ratio of 17.11 and a beta of 0.92. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $52.78. The firm’s 50-day simple moving average is $49.67 and its 200 day simple moving average is $49.87.

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.