JFS Wealth Advisors LLC Purchases New Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

JFS Wealth Advisors LLC purchased a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the first quarter, according to its most recent disclosure with the SEC. The firm purchased 1,641 shares of the company’s stock, valued at approximately $81,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of FDVV. MONECO Advisors LLC lifted its stake in Fidelity High Dividend ETF by 21.9% in the 4th quarter. MONECO Advisors LLC now owns 7,520 shares of the company’s stock valued at $376,000 after buying an additional 1,350 shares in the last quarter. Kovack Advisors Inc. lifted its stake in Fidelity High Dividend ETF by 0.8% in the 4th quarter. Kovack Advisors Inc. now owns 202,256 shares of the company’s stock valued at $10,101,000 after buying an additional 1,518 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in Fidelity High Dividend ETF by 10.8% in the 4th quarter. Oppenheimer & Co. Inc. now owns 72,278 shares of the company’s stock valued at $3,610,000 after buying an additional 7,038 shares in the last quarter. Flputnam Investment Management Co. lifted its stake in Fidelity High Dividend ETF by 139.6% in the 4th quarter. Flputnam Investment Management Co. now owns 10,807 shares of the company’s stock valued at $540,000 after buying an additional 6,296 shares in the last quarter. Finally, Sage Investment Counsel LLC purchased a new position in Fidelity High Dividend ETF in the 4th quarter valued at about $255,000.

Fidelity High Dividend ETF Trading Up 0.8%

FDVV stock opened at $51.41 on Wednesday. The company has a market cap of $5.34 billion, a price-to-earnings ratio of 17.11 and a beta of 0.92. Fidelity High Dividend ETF has a 12 month low of $42.81 and a 12 month high of $52.78. The firm has a 50-day moving average of $49.56 and a two-hundred day moving average of $49.86.

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.