Daymark Wealth Partners LLC Buys 11,742 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Daymark Wealth Partners LLC increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 284.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,873 shares of the company’s stock after purchasing an additional 11,742 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Fidelity High Dividend ETF were worth $787,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Tidemark LLC bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $29,000. Roxbury Financial LLC bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $62,000. Glen Eagle Advisors LLC bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $100,000. Avion Wealth bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $128,000. Finally, Capital Analysts LLC grew its stake in shares of Fidelity High Dividend ETF by 253.4% during the fourth quarter. Capital Analysts LLC now owns 3,043 shares of the company’s stock valued at $151,000 after purchasing an additional 2,182 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV stock opened at $51.37 on Wednesday. Fidelity High Dividend ETF has a 52-week low of $42.81 and a 52-week high of $52.78. The stock has a market cap of $5.33 billion, a PE ratio of 17.11 and a beta of 0.92. The firm’s 50 day moving average price is $48.42 and its two-hundred day moving average price is $49.94.

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.