Precedent Wealth Partners LLC Has $1.30 Million Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Precedent Wealth Partners LLC lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 145.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 26,220 shares of the company’s stock after buying an additional 15,557 shares during the period. Precedent Wealth Partners LLC’s holdings in Fidelity High Dividend ETF were worth $1,301,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Primoris Wealth Advisors LLC raised its position in Fidelity High Dividend ETF by 0.6% in the fourth quarter. Primoris Wealth Advisors LLC now owns 39,376 shares of the company’s stock valued at $1,966,000 after purchasing an additional 217 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its position in Fidelity High Dividend ETF by 2.9% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,213 shares of the company’s stock valued at $460,000 after purchasing an additional 261 shares during the last quarter. Widmann Financial Services Inc. raised its position in Fidelity High Dividend ETF by 3.0% in the fourth quarter. Widmann Financial Services Inc. now owns 10,580 shares of the company’s stock valued at $528,000 after purchasing an additional 307 shares during the last quarter. Octavia Wealth Advisors LLC raised its position in Fidelity High Dividend ETF by 1.3% in the first quarter. Octavia Wealth Advisors LLC now owns 24,811 shares of the company’s stock valued at $1,231,000 after purchasing an additional 311 shares during the last quarter. Finally, Biondo Investment Advisors LLC raised its position in Fidelity High Dividend ETF by 0.9% in the fourth quarter. Biondo Investment Advisors LLC now owns 37,105 shares of the company’s stock valued at $1,853,000 after purchasing an additional 320 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 1.1%

Fidelity High Dividend ETF stock opened at $51.14 on Monday. The company has a market capitalization of $5.31 billion, a PE ratio of 17.11 and a beta of 0.92. Fidelity High Dividend ETF has a 12 month low of $42.81 and a 12 month high of $52.78. The stock has a 50-day moving average price of $48.85 and a two-hundred day moving average price of $49.90.

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.