Hubbell Strickland Wealth Management LLC Invests $248,000 in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Hubbell Strickland Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 4,968 shares of the company’s stock, valued at approximately $248,000.

Several other institutional investors have also modified their holdings of FDVV. Envestnet Asset Management Inc. lifted its position in shares of Fidelity High Dividend ETF by 35.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock worth $47,739,000 after buying an additional 268,292 shares during the last quarter. Godshalk Welsh Capital Management Inc. lifted its position in shares of Fidelity High Dividend ETF by 10.6% during the 2nd quarter. Godshalk Welsh Capital Management Inc. now owns 24,860 shares of the company’s stock worth $1,163,000 after buying an additional 2,385 shares during the last quarter. AE Wealth Management LLC lifted its position in shares of Fidelity High Dividend ETF by 6.3% during the 2nd quarter. AE Wealth Management LLC now owns 75,242 shares of the company’s stock worth $3,520,000 after buying an additional 4,455 shares during the last quarter. Certified Advisory Corp raised its position in Fidelity High Dividend ETF by 62.7% in the 2nd quarter. Certified Advisory Corp now owns 22,993 shares of the company’s stock valued at $1,076,000 after purchasing an additional 8,859 shares during the last quarter. Finally, Core Wealth Advisors Inc. raised its position in Fidelity High Dividend ETF by 12.6% in the 2nd quarter. Core Wealth Advisors Inc. now owns 12,676 shares of the company’s stock valued at $593,000 after purchasing an additional 1,415 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.8 %

FDVV stock traded up $0.40 on Friday, hitting $50.88. The company’s stock had a trading volume of 592,185 shares, compared to its average volume of 627,504. The firm has a 50 day moving average of $51.09 and a two-hundred day moving average of $50.02. Fidelity High Dividend ETF has a 1 year low of $41.87 and a 1 year high of $52.78. The stock has a market cap of $2.94 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.