Core Wealth Advisors Inc. Grows Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Core Wealth Advisors Inc. grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,181 shares of the company’s stock after acquiring an additional 1,527 shares during the period. Core Wealth Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $808,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Tidemark LLC bought a new position in Fidelity High Dividend ETF in the fourth quarter worth approximately $29,000. Roxbury Financial LLC purchased a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth $62,000. Archer Investment Corp bought a new position in shares of Fidelity High Dividend ETF during the 4th quarter worth $98,000. Avion Wealth purchased a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at $128,000. Finally, Financial Perspectives Inc bought a new stake in shares of Fidelity High Dividend ETF in the fourth quarter valued at about $168,000.

Fidelity High Dividend ETF Price Performance

NYSEARCA:FDVV opened at $47.51 on Friday. The firm has a market cap of $4.63 billion, a PE ratio of 15.53 and a beta of 0.93. The company has a 50-day moving average of $48.84 and a 200 day moving average of $50.32. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $52.78.

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.