Advisors Preferred LLC Purchases Shares of 13,846 Fidelity High Dividend ETF (NYSEARCA:FDVV)

Advisors Preferred LLC bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,846 shares of the company’s stock, valued at approximately $692,000.

A number of other institutional investors have also recently made changes to their positions in FDVV. LongView Wealth Management lifted its stake in shares of Fidelity High Dividend ETF by 8.5% in the 3rd quarter. LongView Wealth Management now owns 13,176 shares of the company’s stock valued at $667,000 after purchasing an additional 1,031 shares during the last quarter. Octavia Wealth Advisors LLC boosted its stake in Fidelity High Dividend ETF by 0.9% during the third quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock worth $1,213,000 after buying an additional 222 shares during the period. Code Waechter LLC bought a new position in Fidelity High Dividend ETF during the third quarter valued at $1,112,000. Brown Miller Wealth Management LLC purchased a new stake in shares of Fidelity High Dividend ETF in the third quarter valued at $476,000. Finally, Retirement Planning Group LLC lifted its holdings in shares of Fidelity High Dividend ETF by 12.2% in the 3rd quarter. Retirement Planning Group LLC now owns 212,826 shares of the company’s stock worth $10,780,000 after acquiring an additional 23,114 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 0.4 %

Shares of NYSEARCA:FDVV opened at $50.88 on Friday. Fidelity High Dividend ETF has a 12 month low of $42.53 and a 12 month high of $52.78. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. The firm’s 50-day moving average is $50.79 and its 200 day moving average is $50.31.

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.