Brooklyn Investment Group Makes New $303,000 Investment in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Brooklyn Investment Group acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,064 shares of the company’s stock, valued at approximately $303,000.

A number of other hedge funds also recently made changes to their positions in FDVV. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF during the third quarter worth approximately $25,000. Glass Jacobson Investment Advisors llc bought a new stake in Fidelity High Dividend ETF in the 3rd quarter valued at $75,000. Baker Avenue Asset Management LP acquired a new position in Fidelity High Dividend ETF in the 3rd quarter valued at $205,000. Ellis Investment Partners LLC bought a new position in Fidelity High Dividend ETF during the 3rd quarter worth $209,000. Finally, Strategic Family Wealth Counselors L.L.C. acquired a new stake in shares of Fidelity High Dividend ETF during the third quarter worth $210,000.

Fidelity High Dividend ETF Stock Performance

FDVV stock opened at $50.88 on Friday. Fidelity High Dividend ETF has a 52 week low of $41.87 and a 52 week high of $52.78. The company has a market capitalization of $2.94 billion, a PE ratio of 11.51 and a beta of 0.82. The company’s 50-day simple moving average is $51.09 and its 200 day simple moving average is $50.04.

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.