Fidelity High Dividend ETF $FDVV Shares Purchased by Core Wealth Advisors Inc.

Core Wealth Advisors Inc. increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVVFree Report) by 32.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,074 shares of the company’s stock after acquiring an additional 8,384 shares during the period. Fidelity High Dividend ETF makes up about 0.4% of Core Wealth Advisors Inc.’s portfolio, making the stock its 24th biggest holding. Core Wealth Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $1,882,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Federation des caisses Desjardins du Quebec purchased a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth about $25,000. Monetary Solutions Ltd acquired a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth about $26,000. Darwin Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF in the second quarter valued at approximately $27,000. Optima Capital LLC purchased a new stake in Fidelity High Dividend ETF in the fourth quarter valued at approximately $33,000. Finally, Global Assets Advisory LLC acquired a new position in Fidelity High Dividend ETF in the 1st quarter worth approximately $36,000.

Fidelity High Dividend ETF Trading Up 1.0%

Shares of NYSEARCA FDVV opened at $63.27 on Wednesday. The company has a 50 day simple moving average of $61.27 and a two-hundred day simple moving average of $59.04. The stock has a market cap of $10.24 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12 month low of $52.86 and a 12 month high of $63.43.

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.

Further Reading

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:FDVVFree Report).

Institutional Ownership by Quarter for Fidelity High Dividend ETF (NYSEARCA:FDVV)

Receive News & Ratings for Fidelity High Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fidelity High Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.