Betterment LLC Acquires 2,091 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Betterment LLC lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 31.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,703 shares of the company’s stock after acquiring an additional 2,091 shares during the period. Betterment LLC’s holdings in Fidelity High Dividend ETF were worth $435,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Tidemark LLC acquired a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth $29,000. Roxbury Financial LLC bought a new position in Fidelity High Dividend ETF during the fourth quarter worth $62,000. Archer Investment Corp acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth about $98,000. Avion Wealth bought a new stake in Fidelity High Dividend ETF during the 4th quarter worth approximately $128,000. Finally, Capital Analysts LLC increased its holdings in Fidelity High Dividend ETF by 253.4% during the 4th quarter. Capital Analysts LLC now owns 3,043 shares of the company’s stock worth $151,000 after purchasing an additional 2,182 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV opened at $47.84 on Tuesday. The firm has a market capitalization of $4.68 billion, a P/E ratio of 16.43 and a beta of 0.93. The stock has a 50 day moving average price of $48.67 and a two-hundred day moving average price of $50.27. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week 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.