McGlone Suttner Wealth Management Inc. lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 25.0% during the 4th quarter, HoldingsChannel reports. The firm owned 109,789 shares of the company’s stock after acquiring an additional 21,978 shares during the period. Fidelity High Dividend ETF comprises 0.9% of McGlone Suttner Wealth Management Inc.’s investment portfolio, making the stock its 16th largest position. McGlone Suttner Wealth Management Inc.’s holdings in Fidelity High Dividend ETF were worth $5,483,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the third quarter worth $25,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Fidelity High Dividend ETF during the 3rd quarter valued at $75,000. Baker Avenue Asset Management LP bought a new stake in Fidelity High Dividend ETF during the 3rd quarter worth $205,000. Daymark Wealth Partners LLC acquired a new position in Fidelity High Dividend ETF in the 4th quarter worth about $206,000. Finally, Ellis Investment Partners LLC bought a new position in Fidelity High Dividend ETF in the third quarter valued at about $209,000.
Fidelity High Dividend ETF Trading Up 0.6 %
NYSEARCA:FDVV opened at $51.47 on Friday. The stock’s 50-day moving average is $51.05 and its 200-day moving average is $50.12. The stock has a market cap of $2.97 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1-year low of $42.53 and a 1-year high of $52.78.
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.
Featured Articles
- Five stocks we like better than Fidelity High Dividend ETF
- How to Invest in Small Cap Stocks
- 3 Buy-and-Hold Stocks for Long-Term Growth
- What is a Low P/E Ratio and What Does it Tell Investors?
- Despite Short-Term Risks Freeport McMoran Worth a Look
- Roth IRA Calculator: Calculate Your Potential Returns
- 3 Lean and Mean Stocks Generating Over $1M in Revenue Per Worker
Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
Receive News & Ratings for Fidelity High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
