37,424 Shares in Fidelity High Dividend ETF $FDVV Purchased by Schmidt P J Investment Management Inc.

Schmidt P J Investment Management Inc. bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 3rd quarter, Holdings Channel.com reports. The firm bought 37,424 shares of the company’s stock, valued at approximately $2,273,000.

Several other institutional investors have also recently bought and sold shares of FDVV. Tompkins Financial Corp acquired a new position in Fidelity High Dividend ETF during the third quarter worth $6,959,000. XY Planning Network Inc. acquired a new stake in Fidelity High Dividend ETF in the 2nd quarter valued at $567,000. Old Mission Investment Co LLC acquired a new stake in Fidelity High Dividend ETF in the 2nd quarter valued at $3,440,000. Florida Financial Advisors LLC increased its stake in Fidelity High Dividend ETF by 348.3% in the 1st quarter. Florida Financial Advisors LLC now owns 19,498 shares of the company’s stock valued at $1,077,000 after buying an additional 15,149 shares during the last quarter. Finally, Founders Financial Securities LLC bought a new stake in Fidelity High Dividend ETF during the 3rd quarter worth about $1,368,000.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA:FDVV opened at $63.82 on Thursday. The company’s 50-day moving average price is $62.17 and its two-hundred day moving average price is $60.32. Fidelity High Dividend ETF has a one year low of $53.77 and a one year high of $64.54. The stock has a market capitalization of $10.73 billion, a PE ratio of 17.18 and a beta of 0.86.

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.