Tidemark LLC Invests $29,000 in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Tidemark LLC bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 583 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the third quarter valued at $25,000. Roxbury Financial LLC purchased a new stake in Fidelity High Dividend ETF during the fourth quarter worth about $62,000. Glass Jacobson Investment Advisors llc acquired a new stake in shares of Fidelity High Dividend ETF during the third quarter worth about $75,000. Archer Investment Corp purchased a new position in shares of Fidelity High Dividend ETF in the fourth quarter valued at approximately $98,000. Finally, Avion Wealth acquired a new position in shares of Fidelity High Dividend ETF in the fourth quarter valued at approximately $128,000.

Fidelity High Dividend ETF Stock Up 1.8 %

Fidelity High Dividend ETF stock opened at $49.72 on Monday. The company’s 50 day moving average is $50.77 and its two-hundred day moving average is $50.81. The firm has a market cap of $4.72 billion, a PE ratio of 19.05 and a beta of 1.02. 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.