XY Planning Network Inc. Makes New Investment in Fidelity High Dividend ETF $FDVV

XY Planning Network Inc. bought a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,401 shares of the company’s stock, valued at approximately $567,000.

Other large investors have also added to or reduced their stakes in the company. Waverly Advisors LLC increased its stake in shares of Fidelity High Dividend ETF by 128.6% in the second quarter. Waverly Advisors LLC now owns 45,455 shares of the company’s stock worth $2,740,000 after buying an additional 25,574 shares during the last quarter. HORAN Wealth LLC bought a new stake in shares of Fidelity High Dividend ETF during the 2nd quarter valued at about $220,000. Ameritas Advisory Services LLC grew its holdings in shares of Fidelity High Dividend ETF by 300.0% during the second quarter. Ameritas Advisory Services LLC now owns 57,998 shares of the company’s stock valued at $3,497,000 after purchasing an additional 43,500 shares during the last quarter. PCG Wealth Advisors LLC grew its stake in Fidelity High Dividend ETF by 0.5% during the 2nd quarter. PCG Wealth Advisors LLC now owns 182,800 shares of the company’s stock worth $11,021,000 after buying an additional 902 shares during the last quarter. Finally, HB Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth about $829,000.

Fidelity High Dividend ETF Price Performance

FDVV opened at $62.64 on Thursday. The stock has a market cap of $10.17 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12 month low of $53.77 and a 12 month high of $64.54. The stock’s 50 day moving average price is $62.87 and its 200 day moving average price is $60.16.

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.