Fidelity High Dividend ETF $FDVV Stake Increased by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. increased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 224,650 shares of the company’s stock after acquiring an additional 17,512 shares during the period. Fidelity High Dividend ETF makes up approximately 3.4% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 7th biggest holding. Rooted Wealth Advisors Inc. owned 0.15% of Fidelity High Dividend ETF worth $13,290,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Federation des caisses Desjardins du Quebec purchased a new stake in shares of Fidelity High Dividend ETF during the 4th quarter worth $25,000. Monetary Solutions Ltd purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $26,000. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the second quarter valued at about $27,000. Optima Capital LLC acquired a new stake in shares of Fidelity High Dividend ETF in the fourth quarter valued at about $33,000. Finally, Dunhill Financial LLC purchased a new stake in Fidelity High Dividend ETF during the fourth quarter worth about $41,000.

Fidelity High Dividend ETF Trading Up 0.3%

FDVV stock opened at $60.12 on Friday. The company’s 50-day moving average price is $60.05 and its 200 day moving average price is $58.27. Fidelity High Dividend ETF has a 52 week low of $51.59 and a 52 week high of $62.06. The company has a market cap of $9.35 billion, a P/E ratio of 17.18 and a beta of 0.86.

Fidelity High Dividend ETF 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.