11,329 Shares in Fidelity High Dividend ETF $FDVV Purchased by Plus Group Wealth Advisors LLC

Plus Group Wealth Advisors LLC purchased a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,329 shares of the company’s stock, valued at approximately $642,000. Fidelity High Dividend ETF makes up about 0.7% of Plus Group Wealth Advisors LLC’s holdings, making the stock its 20th largest position.

A number of other institutional investors also recently bought and sold shares of FDVV. Royal Bank of Canada raised its stake in Fidelity High Dividend ETF by 6.0% in the first quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock worth $5,373,000 after buying an additional 6,174 shares in the last quarter. Brown Advisory Inc. bought a new position in Fidelity High Dividend ETF in the second quarter worth about $320,000. Qube Research & Technologies Ltd raised its stake in Fidelity High Dividend ETF by 95.6% in the second quarter. Qube Research & Technologies Ltd now owns 18,761 shares of the company’s stock worth $976,000 after buying an additional 9,169 shares in the last quarter. NewEdge Advisors LLC raised its stake in Fidelity High Dividend ETF by 49.8% in the second quarter. NewEdge Advisors LLC now owns 112,833 shares of the company’s stock worth $5,870,000 after buying an additional 37,501 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in Fidelity High Dividend ETF in the second quarter worth about $27,000.

Fidelity High Dividend ETF Price Performance

FDVV stock opened at $59.26 on Friday. Fidelity High Dividend ETF has a 1 year low of $49.10 and a 1 year high of $60.12. The company has a market cap of $9.21 billion, a P/E ratio of 17.18 and a beta of 0.86. The firm has a 50-day moving average of $57.30 and a 200 day moving average of $57.30.

About Fidelity High Dividend ETF

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.