Fidelity High Dividend ETF $FDVV Shares Bought by Cornerstone Planning Group LLC

Cornerstone Planning Group LLC grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2,182.4% during the 1st quarter, HoldingsChannel reports. The firm owned 18,624 shares of the company’s stock after buying an additional 17,808 shares during the quarter. Cornerstone Planning Group LLC’s holdings in Fidelity High Dividend ETF were worth $1,094,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Federation des caisses Desjardins du Quebec acquired a new stake in shares of Fidelity High Dividend ETF during the 4th quarter worth approximately $25,000. Monetary Solutions Ltd acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at $26,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF in the 2nd quarter valued at $27,000. Optima Capital LLC acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at $33,000. Finally, Global Assets Advisory LLC purchased a new stake in Fidelity High Dividend ETF during the first quarter worth $36,000.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV opened at $62.16 on Friday. The company has a market capitalization of $10.02 billion, a PE ratio of 17.18 and a beta of 0.86. The company’s fifty day moving average price is $60.86 and its 200 day moving average price is $58.76. Fidelity High Dividend ETF has a 1 year low of $52.86 and a 1 year high of $62.71.

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.