Clare Market Investments LLC Acquires New Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Clare Market Investments LLC acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 19,600 shares of the company’s stock, valued at approximately $979,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Independent Advisor Alliance acquired a new stake in Fidelity High Dividend ETF in the fourth quarter valued at approximately $44,154,000. Axis Wealth Partners LLC acquired a new stake in Fidelity High Dividend ETF in the fourth quarter valued at approximately $3,035,000. Larson Financial Group LLC lifted its stake in Fidelity High Dividend ETF by 6.3% in the fourth quarter. Larson Financial Group LLC now owns 5,908 shares of the company’s stock valued at $295,000 after acquiring an additional 348 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in Fidelity High Dividend ETF by 2.9% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,213 shares of the company’s stock valued at $460,000 after acquiring an additional 261 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Fidelity High Dividend ETF in the fourth quarter valued at approximately $27,783,000.

Fidelity High Dividend ETF Stock Up 1.3 %

NYSEARCA FDVV opened at $50.69 on Monday. The stock has a market capitalization of $4.81 billion, a PE ratio of 19.05 and a beta of 1.02. The company has a 50 day moving average price of $50.82 and a two-hundred day moving average price of $50.82. Fidelity High Dividend ETF has a 12-month low of $43.34 and a 12-month high of $52.78.

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.