CDM Financial Counseling Services Inc. Purchases Shares of 13,744 Fidelity High Dividend ETF $FDVV

CDM Financial Counseling Services Inc. purchased a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 13,744 shares of the company’s stock, valued at approximately $779,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sapient Capital LLC boosted its stake in shares of Fidelity High Dividend ETF by 12.5% in the 4th quarter. Sapient Capital LLC now owns 59,615 shares of the company’s stock valued at $3,401,000 after buying an additional 6,604 shares during the period. Soltis Investment Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 9.6% in the 4th quarter. Soltis Investment Advisors LLC now owns 23,561 shares of the company’s stock valued at $1,336,000 after buying an additional 2,057 shares during the period. Plus Group Wealth Advisors LLC purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $642,000. Stephens Inc. AR boosted its stake in shares of Fidelity High Dividend ETF by 3.7% in the 4th quarter. Stephens Inc. AR now owns 138,478 shares of the company’s stock valued at $7,850,000 after buying an additional 5,002 shares during the period. Finally, Sculati Wealth Management LLC boosted its stake in shares of Fidelity High Dividend ETF by 8.6% in the 4th quarter. Sculati Wealth Management LLC now owns 179,534 shares of the company’s stock valued at $10,178,000 after buying an additional 14,178 shares during the period.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV opened at $59.26 on Monday. The stock has a 50-day simple moving average of $57.30 and a 200-day simple moving average of $57.30. The stock has a market capitalization of $9.21 billion, a PE 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.

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.