Wealth Management Associates Inc. Has $443,000 Stock Position in Fidelity High Dividend ETF $FDVV

Wealth Management Associates Inc. raised its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.6% in the first quarter, according to its most recent filing with the SEC. The firm owned 8,937 shares of the company’s stock after purchasing an additional 230 shares during the quarter. Wealth Management Associates Inc.’s holdings in Fidelity High Dividend ETF were worth $443,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Jaffetilchin Investment Partners LLC lifted its position in shares of Fidelity High Dividend ETF by 3.7% in the 1st quarter. Jaffetilchin Investment Partners LLC now owns 6,309 shares of the company’s stock worth $313,000 after purchasing an additional 223 shares during the period. Nations Financial Group Inc. IA ADV raised its stake in Fidelity High Dividend ETF by 3.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 6,102 shares of the company’s stock worth $303,000 after buying an additional 230 shares during the last quarter. Valmark Advisers Inc. lifted its holdings in Fidelity High Dividend ETF by 0.4% in the first quarter. Valmark Advisers Inc. now owns 67,987 shares of the company’s stock valued at $3,372,000 after buying an additional 258 shares during the period. Consolidated Planning Corp lifted its holdings in Fidelity High Dividend ETF by 1.3% in the first quarter. Consolidated Planning Corp now owns 23,114 shares of the company’s stock valued at $1,146,000 after buying an additional 296 shares during the period. Finally, LaSalle St. Investment Advisors LLC boosted its position in Fidelity High Dividend ETF by 2.1% during the first quarter. LaSalle St. Investment Advisors LLC now owns 14,745 shares of the company’s stock valued at $731,000 after acquiring an additional 310 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.7%

FDVV stock opened at $55.20 on Thursday. The stock has a 50-day moving average price of $54.11 and a 200-day moving average price of $51.06. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $55.39. The firm has a market cap of $6.33 billion, a PE ratio of 17.18 and a beta of 1.01.

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.