Private Advisor Group boosted its FDVV stake by 271% in Q3 2025, reflecting strong institutional interest.

Private Advisor Group LLC significantly increased its stake in the Fidelity High Dividend ETF (FDVV) by 271% in the third quarter of 2025, acquiring 291,754 shares to reach a total of 399,413 shares valued at about $22.25 million. Lakeridge Wealth Management also boosted its position, adding 18,135 shares. FDVV, launched in 2016 and managed by Fidelity, tracks large- and mid-cap dividend-focused companies with a market cap of $8.39 billion and a P/E ratio of 17.18. As of March 10, 2026, the ETF opened at $57.53, trading near its 50-day and 200-day moving averages. PFG Advisors also bought shares in FDVV and the Fidelity Value Factor ETF (FVAL), signaling institutional interest in both funds.