Core Wealth Advisors Inc. Boosts Holdings in Fidelity High Dividend ETF $FDVV

Core Wealth Advisors Inc. raised its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 32.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 34,074 shares of the company’s stock after acquiring an additional 8,384 shares during the period. Fidelity High Dividend ETF makes up approximately 0.4% of Core Wealth Advisors Inc.’s holdings, making the stock its 24th biggest holding. Core Wealth Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $1,882,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada increased its position in shares of Fidelity High Dividend ETF by 246.4% during the first quarter. Royal Bank of Canada now owns 595,227 shares of the company’s stock worth $32,881,000 after purchasing an additional 423,383 shares in the last quarter. Gateway Wealth Partners LLC grew its stake in Fidelity High Dividend ETF by 65.9% during the 1st quarter. Gateway Wealth Partners LLC now owns 7,414 shares of the company’s stock worth $409,000 after buying an additional 2,945 shares during the last quarter. Everest Financial Group LLC increased its position in Fidelity High Dividend ETF by 7.4% during the 1st quarter. Everest Financial Group LLC now owns 24,286 shares of the company’s stock valued at $1,342,000 after buying an additional 1,670 shares in the last quarter. Waverly Advisors LLC increased its position in Fidelity High Dividend ETF by 2.3% during the 1st quarter. Waverly Advisors LLC now owns 19,881 shares of the company’s stock valued at $1,098,000 after buying an additional 447 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in Fidelity High Dividend ETF by 15.7% in the first quarter. Cetera Investment Advisers now owns 2,017,386 shares of the company’s stock valued at $111,440,000 after buying an additional 273,148 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock opened at $63.27 on Wednesday. The stock has a market cap of $10.24 billion, a PE ratio of 17.18 and a beta of 0.86. The stock has a 50-day moving average of $61.27 and a two-hundred day moving average of $59.04. Fidelity High Dividend ETF has a one year low of $52.86 and a one year high of $63.43.

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.