Synovus Financial Corp Invests $332,000 in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Synovus Financial Corp acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 6,546 shares of the company’s stock, valued at approximately $332,000.

Other institutional investors also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its holdings in shares of Fidelity High Dividend ETF by 0.3% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 222,397 shares of the company’s stock valued at $10,404,000 after acquiring an additional 762 shares during the period. Janney Montgomery Scott LLC boosted its position in Fidelity High Dividend ETF by 43.7% during the third quarter. Janney Montgomery Scott LLC now owns 32,028 shares of the company’s stock valued at $1,622,000 after purchasing an additional 9,736 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake 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 valued at $272,000 after purchasing an additional 260 shares during the last quarter. FMR LLC raised its holdings in Fidelity High Dividend ETF by 4.7% in the third quarter. FMR LLC now owns 80,331 shares of the company’s stock worth $4,069,000 after purchasing an additional 3,620 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Fidelity High Dividend ETF by 20.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 247,198 shares of the company’s stock valued at $11,564,000 after buying an additional 41,719 shares during the last quarter.

Fidelity High Dividend ETF Stock Down 2.5 %

Shares of Fidelity High Dividend ETF stock opened at $49.82 on Thursday. The company has a market cap of $2.87 billion, a P/E ratio of 11.51 and a beta of 0.82. The firm’s 50 day moving average price is $51.54 and its 200-day moving average price is $49.56. Fidelity High Dividend ETF has a 52-week low of $41.59 and a 52-week high of $52.78.

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.