FSC Wealth Advisors LLC Grows Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

FSC Wealth Advisors LLC increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 12,359 shares of the company’s stock after buying an additional 416 shares during the period. FSC Wealth Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $617,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF during the third quarter worth about $25,000. Glass Jacobson Investment Advisors llc acquired a new stake in Fidelity High Dividend ETF during the 3rd quarter worth approximately $75,000. Baker Avenue Asset Management LP acquired a new stake in Fidelity High Dividend ETF during the 3rd quarter worth approximately $205,000. Daymark Wealth Partners LLC purchased a new position in Fidelity High Dividend ETF in the 4th quarter valued at approximately $206,000. Finally, Ellis Investment Partners LLC acquired a new position in shares of Fidelity High Dividend ETF in the third quarter worth $209,000.

Fidelity High Dividend ETF Trading Down 1.0 %

Shares of NYSEARCA FDVV opened at $50.88 on Tuesday. Fidelity High Dividend ETF has a 12-month low of $42.53 and a 12-month high of $52.78. The stock has a market cap of $2.94 billion, a P/E ratio of 11.51 and a beta of 0.82. The business’s fifty day simple moving average is $51.05 and its 200-day simple moving average is $50.19.

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.