Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Acquired by Element Wealth LLC

Element Wealth LLC increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 11.7% in the fourth quarter, HoldingsChannel reports. The firm owned 9,565 shares of the company’s stock after acquiring an additional 1,000 shares during the quarter. Element Wealth LLC’s holdings in Fidelity High Dividend ETF were worth $404,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC lifted its holdings in shares of Fidelity High Dividend ETF by 119.9% during the third quarter. Global Retirement Partners LLC now owns 1,517 shares of the company’s stock worth $57,000 after purchasing an additional 827 shares during the period. Spire Wealth Management lifted its holdings in Fidelity High Dividend ETF by 28.0% in the third quarter. Spire Wealth Management now owns 3,120 shares of the company’s stock valued at $120,000 after acquiring an additional 682 shares during the period. Householder Group Estate & Retirement Specialist LLC lifted its holdings in Fidelity High Dividend ETF by 11.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock valued at $159,000 after acquiring an additional 388 shares during the period. FSC Wealth Advisors LLC increased its position in shares of Fidelity High Dividend ETF by 7.0% in the third quarter. FSC Wealth Advisors LLC now owns 4,336 shares of the company’s stock valued at $167,000 after buying an additional 283 shares in the last quarter. Finally, Anchor Investment Management LLC purchased a new stake in shares of Fidelity High Dividend ETF in the fourth quarter valued at approximately $177,000.

Fidelity High Dividend ETF Stock Up 1.0 %

Shares of Fidelity High Dividend ETF stock traded up $0.44 on Tuesday, reaching $44.43. The company’s stock had a trading volume of 261,430 shares, compared to its average volume of 289,596. The company has a market capitalization of $2.52 billion, a P/E ratio of 11.12 and a beta of 0.84. Fidelity High Dividend ETF has a 52-week low of $36.94 and a 52-week high of $45.42. The stock has a 50-day moving average price of $44.26 and a 200-day moving average price of $42.03.

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.