Fidelity High Dividend ETF (NYSEARCA:FDVV) Stock Position Boosted by Valued Retirements Inc.

Valued Retirements Inc. grew its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 27.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,590 shares of the company’s stock after acquiring an additional 15,011 shares during the quarter. Fidelity High Dividend ETF comprises 4.7% of Valued Retirements Inc.’s portfolio, making the stock its 7th biggest position. Valued Retirements Inc. owned about 0.12% of Fidelity High Dividend ETF worth $3,525,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF in the 3rd quarter worth approximately $25,000. Tidemark LLC purchased a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at $29,000. Roxbury Financial LLC purchased a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at $62,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of Fidelity High Dividend ETF during the third quarter valued at $75,000. Finally, Archer Investment Corp purchased a new position in Fidelity High Dividend ETF in the fourth quarter valued at about $98,000.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $49.72 on Monday. The company has a market cap of $4.72 billion, a PE ratio of 19.05 and a beta of 1.02. The stock has a 50-day moving average of $50.77 and a 200-day moving average of $50.81. Fidelity High Dividend ETF has a 52-week low of $43.34 and a 52-week high of $52.78.

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.