Fidelity High Dividend ETF $FDVV Shares Bought by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC grew its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,680 shares of the company’s stock after purchasing an additional 318 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in Fidelity High Dividend ETF were worth $400,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. NBC Securities Inc. boosted its position in shares of Fidelity High Dividend ETF by 66,500.0% during the 1st quarter. NBC Securities Inc. now owns 4,662 shares of the company’s stock valued at $231,000 after acquiring an additional 4,655 shares during the last quarter. Merit Financial Group LLC acquired a new position in shares of Fidelity High Dividend ETF during the 1st quarter valued at about $599,000. Unique Wealth LLC acquired a new position in shares of Fidelity High Dividend ETF during the 1st quarter valued at about $2,004,000. Permanent Capital Management LP acquired a new position in shares of Fidelity High Dividend ETF during the 1st quarter valued at about $352,000. Finally, KFG Wealth Management LLC boosted its position in shares of Fidelity High Dividend ETF by 44.6% during the 1st quarter. KFG Wealth Management LLC now owns 22,766 shares of the company’s stock valued at $1,129,000 after acquiring an additional 7,022 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.5%

Shares of FDVV stock opened at $56.00 on Friday. The company’s 50-day moving average price is $54.88 and its 200-day moving average price is $51.67. The stock has a market cap of $7.17 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01. Fidelity High Dividend ETF has a twelve month low of $42.81 and a twelve month high of $56.20.

About Fidelity High Dividend ETF

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.