Florida Financial Advisors LLC lifted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 348.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,498 shares of the company’s stock after purchasing an additional 15,149 shares during the period. Florida Financial Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $1,077,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of FDVV. Federation des caisses Desjardins du Quebec bought a new position in Fidelity High Dividend ETF in the 4th quarter valued at $25,000. Monetary Solutions Ltd bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth $26,000. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF during the second quarter worth $27,000. Optima Capital LLC bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth $33,000. Finally, Global Assets Advisory LLC acquired a new position in shares of Fidelity High Dividend ETF during the first quarter valued at $36,000.
Fidelity High Dividend ETF Trading Down 0.6%
Shares of NYSEARCA FDVV opened at $61.76 on Tuesday. The firm has a market capitalization of $9.96 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1 year low of $52.86 and a 1 year high of $62.71. The firm’s 50-day moving average is $60.91 and its 200-day moving average is $58.80.
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.
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