Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Purchased by MONECO Advisors LLC

MONECO Advisors LLC lifted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 21.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,520 shares of the company’s stock after purchasing an additional 1,350 shares during the quarter. MONECO Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $376,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in FDVV. Systelligence LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter worth $14,355,000. Childress Capital Advisors LLC boosted its position in shares of Fidelity High Dividend ETF by 38.5% in the 3rd quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock worth $38,479,000 after purchasing an additional 211,267 shares in the last quarter. Madrona Financial Services LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth $5,844,000. Kovack Advisors Inc. boosted its position in shares of Fidelity High Dividend ETF by 138.5% in the 3rd quarter. Kovack Advisors Inc. now owns 200,738 shares of the company’s stock worth $10,167,000 after purchasing an additional 116,557 shares in the last quarter. Finally, Raymond James & Associates boosted its position in shares of Fidelity High Dividend ETF by 223.6% in the 3rd quarter. Raymond James & Associates now owns 116,653 shares of the company’s stock worth $5,908,000 after purchasing an additional 80,604 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $51.47 on Tuesday. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. The business has a fifty day moving average of $50.73 and a 200 day moving average of $50.65. Fidelity High Dividend ETF has a 1 year low of $43.34 and a 1 year high of $52.78.

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.