International Assets Investment Management LLC Purchases 78,903 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

International Assets Investment Management LLC raised its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 924.8% in the fourth quarter, HoldingsChannel reports. The firm owned 87,435 shares of the company’s stock after acquiring an additional 78,903 shares during the period. International Assets Investment Management LLC’s holdings in Fidelity High Dividend ETF were worth $3,697,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Spire Wealth Management lifted its stake in Fidelity High Dividend ETF by 28.0% in the third quarter. Spire Wealth Management now owns 3,120 shares of the company’s stock worth $120,000 after acquiring an additional 682 shares during the period. Householder Group Estate & Retirement Specialist LLC raised its holdings in shares of Fidelity High Dividend ETF by 11.5% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock valued at $159,000 after purchasing an additional 388 shares in the last quarter. Anchor Investment Management LLC purchased a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $177,000. Cornerstone Wealth Management LLC bought a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $206,000. Finally, Southern Capital Advisors LLC purchased a new position in Fidelity High Dividend ETF during the fourth quarter valued at approximately $211,000.

Fidelity High Dividend ETF Stock Up 0.7 %

Fidelity High Dividend ETF stock opened at $45.67 on Friday. Fidelity High Dividend ETF has a twelve month low of $36.94 and a twelve month high of $45.68. The business has a fifty day moving average of $44.57 and a two-hundred day moving average of $42.52. The firm has a market cap of $2.64 billion, a P/E ratio of 11.51 and a beta of 0.82.

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.