Summit Financial Wealth Advisors LLC boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 23.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 84,190 shares of the company’s stock after acquiring an additional 16,146 shares during the period. Summit Financial Wealth Advisors LLC owned 0.05% of Fidelity High Dividend ETF worth $4,651,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec bought a new position in Fidelity High Dividend ETF in the 4th quarter worth approximately $25,000. Monetary Solutions Ltd bought a new stake in Fidelity High Dividend ETF during the 4th quarter valued at $26,000. Darwin Wealth Management LLC bought a new stake in Fidelity High Dividend ETF during the 2nd quarter valued at $27,000. Optima Capital LLC purchased a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth $33,000. Finally, Global Assets Advisory LLC purchased a new stake in shares of Fidelity High Dividend ETF during the first quarter worth $36,000.
Fidelity High Dividend ETF Price Performance
Fidelity High Dividend ETF stock opened at $62.56 on Friday. The firm has a market capitalization of $10.13 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a one year low of $52.86 and a one year high of $63.43. The business has a fifty day moving average price of $61.41 and a 200-day moving average price of $59.14.
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.
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