Absolute Capital Management LLC bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm bought 19,104 shares of the company’s stock, valued at approximately $1,064,000.
A number of other institutional investors have also made changes to their positions in FDVV. Assetmark Inc. boosted its position in Fidelity High Dividend ETF by 80.5% during the 2nd quarter. Assetmark Inc. now owns 473 shares of the company’s stock valued at $25,000 after purchasing an additional 211 shares during the period. Darwin Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth approximately $27,000. MB Levis & Associates LLC bought a new position in shares of Fidelity High Dividend ETF in the second quarter valued at approximately $28,000. Evermay Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the second quarter valued at approximately $31,000. Finally, TD Waterhouse Canada Inc. acquired a new position in shares of Fidelity High Dividend ETF during the second quarter valued at approximately $32,000.
Fidelity High Dividend ETF Price Performance
FDVV opened at $58.07 on Thursday. The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $58.35. The business has a 50 day moving average price of $56.92 and a two-hundred day moving average price of $55.71.
Fidelity High Dividend ETF 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.
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