Flputnam Investment Management Co. raised its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 139.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,807 shares of the company’s stock after purchasing an additional 6,296 shares during the period. Flputnam Investment Management Co.’s holdings in Fidelity High Dividend ETF were worth $540,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of FDVV. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter valued at $25,000. Roxbury Financial LLC acquired a new position in Fidelity High Dividend ETF in the fourth quarter valued at $62,000. Glass Jacobson Investment Advisors llc bought a new stake in Fidelity High Dividend ETF during the third quarter valued at $75,000. Archer Investment Corp acquired a new stake in Fidelity High Dividend ETF during the 4th quarter worth about $98,000. Finally, Avion Wealth bought a new position in shares of Fidelity High Dividend ETF in the 4th quarter worth about $128,000.
Fidelity High Dividend ETF Price Performance
Shares of NYSEARCA:FDVV opened at $50.99 on Tuesday. Fidelity High Dividend ETF has a 1 year low of $43.34 and a 1 year high of $52.78. The business’s 50-day moving average is $50.84 and its 200-day moving average is $50.80. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 19.05 and a beta of 1.02.
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.
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