XML Financial LLC Takes Position in Fidelity High Dividend ETF $FDVV

XML Financial LLC purchased a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 17,439 shares of the company’s stock, valued at approximately $963,000.

Several other institutional investors have also recently bought and sold shares of the stock. Federation des caisses Desjardins du Quebec acquired a new position in Fidelity High Dividend ETF during the 4th quarter worth $25,000. Monetary Solutions Ltd bought a new position in Fidelity High Dividend ETF in the 4th quarter valued at $26,000. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter valued at $27,000. Optima Capital LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at $33,000. Finally, Dunhill Financial LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at $41,000.

Fidelity High Dividend ETF Stock Down 0.3%

FDVV stock opened at $60.39 on Tuesday. Fidelity High Dividend ETF has a twelve month low of $50.53 and a twelve month high of $62.06. The company has a market cap of $9.39 billion, a P/E ratio of 17.18 and a beta of 0.86. The business has a fifty day moving average of $59.85 and a 200-day moving average of $58.18.

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.