Fidelity High Dividend ETF $FDVV Shares Purchased by Centerline Wealth Advisors LLC

Centerline Wealth Advisors LLC increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 42.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 95,324 shares of the company’s stock after purchasing an additional 28,410 shares during the period. Fidelity High Dividend ETF accounts for about 2.3% of Centerline Wealth Advisors LLC’s holdings, making the stock its 19th biggest holding. Centerline Wealth Advisors LLC owned approximately 0.07% of Fidelity High Dividend ETF worth $5,310,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Assetmark Inc. increased its holdings in shares of Fidelity High Dividend ETF by 80.5% during the 2nd quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after buying an additional 211 shares during the last quarter. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the second quarter valued at approximately $27,000. MB Levis & Associates LLC purchased a new position in Fidelity High Dividend ETF in the second quarter worth approximately $28,000. Evermay Wealth Management LLC purchased a new position in Fidelity High Dividend ETF in the second quarter worth approximately $31,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in Fidelity High Dividend ETF during the second quarter worth $32,000.

Fidelity High Dividend ETF Stock Up 0.4%

NYSEARCA:FDVV opened at $57.09 on Thursday. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $57.44. The stock’s fifty day moving average is $56.27 and its two-hundred day moving average is $54.79. The company has a market capitalization of $7.50 billion, a P/E ratio of 17.18 and a beta of 0.92.

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.