Westside Investment Management Inc. Purchases 4,301 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Westside Investment Management Inc. increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 30.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,563 shares of the company’s stock after buying an additional 4,301 shares during the period. Westside Investment Management Inc.’s holdings in Fidelity High Dividend ETF were worth $927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Daymark Wealth Partners LLC bought a new position in shares of Fidelity High Dividend ETF during the 4th quarter valued at $206,000. Melfa Wealth Management Inc. increased its position in Fidelity High Dividend ETF by 1.5% during the fourth quarter. Melfa Wealth Management Inc. now owns 17,460 shares of the company’s stock worth $872,000 after buying an additional 258 shares during the last quarter. Octavia Wealth Advisors LLC raised its holdings in Fidelity High Dividend ETF by 2.3% during the fourth quarter. Octavia Wealth Advisors LLC now owns 24,500 shares of the company’s stock valued at $1,224,000 after buying an additional 546 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in shares of Fidelity High Dividend ETF by 0.7% in the fourth quarter. Koshinski Asset Management Inc. now owns 40,983 shares of the company’s stock worth $2,047,000 after buying an additional 273 shares during the last quarter. Finally, Ballew Advisors Inc boosted its stake in shares of Fidelity High Dividend ETF by 1.0% during the 4th quarter. Ballew Advisors Inc now owns 27,908 shares of the company’s stock worth $1,380,000 after acquiring an additional 266 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV opened at $51.22 on Wednesday. The business’s 50-day simple moving average is $51.07 and its 200-day simple moving average is $50.08. Fidelity High Dividend ETF has a 52 week low of $42.53 and a 52 week high of $52.78. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.