Plus Group Wealth Advisors LLC Makes New $642,000 Investment in Fidelity High Dividend ETF $FDVV

Plus Group Wealth Advisors LLC acquired a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 11,329 shares of the company’s stock, valued at approximately $642,000. Fidelity High Dividend ETF accounts for 0.7% of Plus Group Wealth Advisors LLC’s portfolio, making the stock its 20th biggest position.

A number of other hedge funds and other institutional investors have also bought and sold shares of FDVV. Royal Bank of Canada grew its holdings in Fidelity High Dividend ETF by 6.0% in the first quarter. Royal Bank of Canada now owns 108,308 shares of the company’s stock worth $5,373,000 after purchasing an additional 6,174 shares during the period. Brown Advisory Inc. purchased a new stake in Fidelity High Dividend ETF in the second quarter worth about $320,000. Qube Research & Technologies Ltd grew its holdings in Fidelity High Dividend ETF by 95.6% in the second quarter. Qube Research & Technologies Ltd now owns 18,761 shares of the company’s stock worth $976,000 after purchasing an additional 9,169 shares during the period. NewEdge Advisors LLC grew its holdings in Fidelity High Dividend ETF by 49.8% in the second quarter. NewEdge Advisors LLC now owns 112,833 shares of the company’s stock worth $5,870,000 after purchasing an additional 37,501 shares during the period. Finally, Darwin Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF in the second quarter worth about $27,000.

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Fidelity High Dividend ETF Stock Performance

Shares of FDVV opened at $59.26 on Friday. The stock has a market cap of $9.21 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a fifty-two week low of $49.10 and a fifty-two week high of $60.12. The firm’s 50-day simple moving average is $57.30 and its two-hundred day simple moving average is $57.30.

About Fidelity High Dividend ETF

(Free Report)

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.

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Want to see what other hedge funds are holding FDVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report).

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