Mascoma Wealth Management LLC Acquires 325 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Mascoma Wealth Management LLC raised its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.1% in the third quarter, Holdings Channel reports. The fund owned 302,338 shares of the company’s stock after buying an additional 325 shares during the period. Fidelity High Dividend ETF accounts for approximately 3.8% of Mascoma Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. Mascoma Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $15,313,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of the business. EverSource Wealth Advisors LLC purchased a new position in Fidelity High Dividend ETF during the first quarter worth approximately $35,000. Hantz Financial Services Inc. acquired a new position in shares of Fidelity High Dividend ETF during the 2nd quarter valued at about $51,000. ICA Group Wealth Management LLC grew its holdings in shares of Fidelity High Dividend ETF by 105.5% in the second quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after purchasing an additional 1,555 shares during the period. Baker Avenue Asset Management LP acquired a new stake in Fidelity High Dividend ETF during the third quarter worth about $205,000. Finally, Ellis Investment Partners LLC purchased a new position in Fidelity High Dividend ETF during the third quarter worth about $209,000.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $51.97 on Tuesday. The stock has a market cap of $3.00 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. The firm has a 50 day simple moving average of $50.52 and a 200-day simple moving average of $48.44. Fidelity High Dividend ETF has a 1-year low of $38.69 and a 1-year high of $52.17.

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.