World Investment Advisors Grows Holdings in Fidelity High Dividend ETF $FDVV

World Investment Advisors increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 23.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 282,582 shares of the company’s stock after buying an additional 53,737 shares during the period. World Investment Advisors’ holdings in Fidelity High Dividend ETF were worth $15,450,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Meridian Wealth Management LLC increased its position in shares of Fidelity High Dividend ETF by 4.5% in the 4th quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock worth $236,000 after purchasing an additional 179 shares during the last quarter. Melfa Wealth Management Inc. increased its position in shares of Fidelity High Dividend ETF by 1.1% in the 3rd quarter. Melfa Wealth Management Inc. now owns 19,141 shares of the company’s stock worth $1,066,000 after purchasing an additional 212 shares during the last quarter. Archer Investment Corp increased its position in shares of Fidelity High Dividend ETF by 7.2% in the 3rd quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock worth $179,000 after purchasing an additional 217 shares during the last quarter. GWN Securities Inc. increased its position in shares of Fidelity High Dividend ETF by 3.2% in the 3rd quarter. GWN Securities Inc. now owns 8,081 shares of the company’s stock worth $450,000 after purchasing an additional 252 shares during the last quarter. Finally, Fiscal Wisdom Wealth Management LLC increased its position in shares of Fidelity High Dividend ETF by 7.6% in the 4th quarter. Fiscal Wisdom Wealth Management LLC now owns 4,352 shares of the company’s stock worth $247,000 after purchasing an additional 309 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $59.42 on Wednesday. The company has a 50-day moving average of $57.24 and a 200-day moving average of $57.24. The company has a market capitalization of $9.24 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1-year low of $49.10 and a 1-year high of $60.12.

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.