Pacific Financial Group Inc. Makes New Investment in Fidelity High Dividend ETF $FDVV

Pacific Financial Group Inc. purchased a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 42,636 shares of the company’s stock, valued at approximately $2,417,000. Fidelity High Dividend ETF comprises about 1.3% of Pacific Financial Group Inc.’s portfolio, making the stock its 23rd largest position.

A number of other large investors have also added to or reduced their stakes in the company. &PARTNERS grew its holdings in Fidelity High Dividend ETF by 161.8% in the 4th quarter. &PARTNERS now owns 147,206 shares of the company’s stock worth $8,744,000 after acquiring an additional 90,983 shares during the last quarter. Royal Bank of Canada grew its holdings in Fidelity High Dividend ETF by 31.0% in the 4th quarter. Royal Bank of Canada now owns 171,844 shares of the company’s stock worth $9,741,000 after acquiring an additional 40,700 shares during the last quarter. Portfolio Resources Advisor Group Inc. bought a new stake in Fidelity High Dividend ETF in the 4th quarter worth $251,000. MML Investors Services LLC grew its holdings in Fidelity High Dividend ETF by 17.5% in the 4th quarter. MML Investors Services LLC now owns 611,754 shares of the company’s stock worth $34,680,000 after acquiring an additional 91,205 shares during the last quarter. Finally, Mariner LLC grew its holdings in Fidelity High Dividend ETF by 21.8% in the 4th quarter. Mariner LLC now owns 417,018 shares of the company’s stock worth $23,641,000 after acquiring an additional 74,533 shares during the last quarter.

Fidelity High Dividend ETF Stock Down 0.0%

Shares of Fidelity High Dividend ETF stock opened at $61.76 on Wednesday. The firm has a market cap of $9.60 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12-month low of $50.53 and a 12-month high of $62.06. The company’s fifty day simple moving average is $59.52 and its two-hundred day simple moving average is $58.08.

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.