Fidelity High Dividend ETF $FDVV Stock Bought by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 130.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 15,047 shares of the company’s stock after acquiring an additional 8,528 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $914,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of FDVV. Global Assets Advisory LLC purchased a new stake in Fidelity High Dividend ETF in the 1st quarter valued at $36,000. Horrell Capital Management Inc. bought a new position in Fidelity High Dividend ETF during the 3rd quarter valued at $46,000. Bessemer Group Inc. bought a new position in Fidelity High Dividend ETF during the 1st quarter valued at $56,000. Meramec Financial Planners LLC purchased a new position in Fidelity High Dividend ETF during the 1st quarter worth $63,000. Finally, Godsey & Gibb Inc. purchased a new position in Fidelity High Dividend ETF during the 3rd quarter worth $90,000.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $61.37 on Tuesday. Fidelity High Dividend ETF has a 1 year low of $53.77 and a 1 year high of $64.54. The firm has a market cap of $10.30 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The company has a fifty day moving average price of $62.46 and a 200-day moving average price of $61.12.

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.