D.A. Davidson & CO. Purchases 8,277 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

D.A. Davidson & CO. boosted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 85,504 shares of the company’s stock after buying an additional 8,277 shares during the period. D.A. Davidson & CO. owned approximately 0.15% of Fidelity High Dividend ETF worth $4,270,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at approximately $25,000. Roxbury Financial LLC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $62,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at approximately $75,000. Archer Investment Corp bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $98,000. Finally, Avion Wealth bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $128,000.

Fidelity High Dividend ETF Price Performance

NYSEARCA:FDVV opened at $52.28 on Friday. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1 year low of $43.12 and a 1 year high of $52.78. The business has a 50 day simple moving average of $50.71 and a 200-day simple moving average of $50.55.

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.