PCG Wealth Advisors LLC Makes New $531,000 Investment in Fidelity High Dividend ETF $FDVV

PCG Wealth Advisors LLC bought a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,375 shares of the company’s stock, valued at approximately $531,000.

Several other institutional investors have also modified their holdings of the business. Raymond James Financial Inc. grew its stake in Fidelity High Dividend ETF by 62.2% during the 3rd quarter. Raymond James Financial Inc. now owns 1,657,341 shares of the company’s stock valued at $92,330,000 after purchasing an additional 635,591 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Fidelity High Dividend ETF by 34.6% during the 3rd quarter. Bank of America Corp DE now owns 2,226,992 shares of the company’s stock valued at $124,066,000 after buying an additional 572,218 shares during the last quarter. Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in shares of Fidelity High Dividend ETF during the third quarter worth approximately $28,056,000. Jane Street Group LLC grew its position in shares of Fidelity High Dividend ETF by 301.9% during the second quarter. Jane Street Group LLC now owns 524,699 shares of the company’s stock worth $27,295,000 after buying an additional 394,131 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in shares of Fidelity High Dividend ETF by 271.0% in the third quarter. Private Advisor Group LLC now owns 399,413 shares of the company’s stock worth $22,251,000 after buying an additional 291,754 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $59.95 on Friday. The firm has a market cap of $9.32 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1-year low of $49.10 and a 1-year high of $60.12. The firm has a fifty day moving average of $57.28 and a two-hundred day moving average of $57.29.

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.