Optivise Advisory Services LLC Makes New Investment in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Optivise Advisory Services LLC bought a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 34,137 shares of the company’s stock, valued at approximately $1,705,000. Fidelity High Dividend ETF makes up approximately 0.9% of Optivise Advisory Services LLC’s investment portfolio, making the stock its 26th largest position. Optivise Advisory Services LLC owned 0.06% of Fidelity High Dividend ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tidemark LLC purchased a new position in Fidelity High Dividend ETF in the 4th quarter valued at approximately $29,000. Roxbury Financial LLC bought a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth $62,000. Archer Investment Corp purchased a new position in shares of Fidelity High Dividend ETF in the fourth quarter valued at $98,000. Avion Wealth bought a new stake in shares of Fidelity High Dividend ETF during the 4th quarter valued at $128,000. Finally, Financial Perspectives Inc purchased a new stake in Fidelity High Dividend ETF during the 4th quarter worth about $168,000.

Fidelity High Dividend ETF Stock Up 0.9 %

FDVV stock opened at $46.56 on Monday. The stock has a 50-day simple moving average of $49.23 and a two-hundred day simple moving average of $50.42. Fidelity High Dividend ETF has a twelve month low of $42.81 and a twelve month high of $52.78. The firm has a market capitalization of $4.54 billion, a PE ratio of 15.53 and a beta of 0.93.

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.