Flputnam Investment Management Co. increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 139.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,807 shares of the company’s stock after buying an additional 6,296 shares during the quarter. Flputnam Investment Management Co.’s holdings in Fidelity High Dividend ETF were worth $540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors have also bought and sold shares of the company. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter worth approximately $25,000. Roxbury Financial LLC purchased a new position in Fidelity High Dividend ETF in the 4th quarter worth $62,000. Glass Jacobson Investment Advisors llc bought a new stake in Fidelity High Dividend ETF in the third quarter worth $75,000. Archer Investment Corp bought a new stake in Fidelity High Dividend ETF in the fourth quarter worth $98,000. Finally, Avion Wealth purchased a new stake in Fidelity High Dividend ETF during the fourth quarter valued at about $128,000.
Fidelity High Dividend ETF Trading Down 0.8 %
FDVV opened at $50.99 on Tuesday. Fidelity High Dividend ETF has a 12 month low of $43.34 and a 12 month high of $52.78. The business’s 50-day moving average price is $50.84 and its 200-day moving average price is $50.80. The company has a market cap of $4.84 billion, a P/E 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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