Mission Wealth Management LP Purchases 455 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Mission Wealth Management LP boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 6.7% in the first quarter, Holdings Channel.com reports. The firm owned 7,266 shares of the company’s stock after purchasing an additional 455 shares during the quarter. Mission Wealth Management LP’s holdings in Fidelity High Dividend ETF were worth $329,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of FDVV. Tower Research Capital LLC TRC acquired a new position in shares of Fidelity High Dividend ETF in the fourth quarter valued at approximately $27,000. LifeSteps Financial Inc. bought a new stake in Fidelity High Dividend ETF during the 1st quarter worth approximately $39,000. ICA Group Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the fourth quarter worth $86,000. Valley National Advisers Inc. grew its stake in shares of Fidelity High Dividend ETF by 19.1% in the first quarter. Valley National Advisers Inc. now owns 3,042 shares of the company’s stock worth $137,000 after purchasing an additional 487 shares during the last quarter. Finally, Householder Group Estate & Retirement Specialist LLC grew its stake in shares of Fidelity High Dividend ETF by 11.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock worth $159,000 after purchasing an additional 388 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 0.2 %

NYSEARCA:FDVV traded down $0.08 during trading hours on Friday, hitting $47.32. 676,938 shares of the company were exchanged, compared to its average volume of 286,894. The stock has a market capitalization of $2.73 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a one year low of $36.94 and a one year high of $47.77. The company has a fifty day simple moving average of $46.47 and a 200 day simple moving average of $44.57.

About Fidelity High Dividend ETF

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.