Flagship Harbor Advisors LLC increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 12.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 17,112 shares of the company’s stock after purchasing an additional 1,961 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $849,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of the stock. Tidemark LLC bought a new stake in Fidelity High Dividend ETF during the 4th quarter valued at $29,000. Abound Wealth Management bought a new stake in Fidelity High Dividend ETF during the 1st quarter valued at $46,000. Mendota Financial Group LLC bought a new stake in Fidelity High Dividend ETF during the 1st quarter valued at $48,000. Glen Eagle Advisors LLC bought a new stake in Fidelity High Dividend ETF during the 4th quarter valued at $100,000. Finally, Capital Analysts LLC increased its stake in Fidelity High Dividend ETF by 253.4% during the 4th quarter. Capital Analysts LLC now owns 3,043 shares of the company’s stock valued at $151,000 after purchasing an additional 2,182 shares in the last quarter.
Fidelity High Dividend ETF Trading Up 0.8%
Shares of FDVV stock opened at $51.41 on Wednesday. The firm has a market capitalization of $5.34 billion, a PE ratio of 17.11 and a beta of 0.92. The firm has a fifty day simple moving average of $49.56 and a two-hundred day simple moving average of $49.86. Fidelity High Dividend ETF has a 12 month low of $42.81 and a 12 month high of $52.78.
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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Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).
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