Savvy Advisors Inc. Buys 18,037 Shares of Fidelity High Dividend ETF $FDVV

Savvy Advisors Inc. raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 55.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 50,482 shares of the company’s stock after acquiring an additional 18,037 shares during the quarter. Savvy Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $2,862,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth approximately $27,000. Oakworth Capital Inc. grew its holdings in Fidelity High Dividend ETF by 427.5% during the third quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock valued at $38,000 after purchasing an additional 560 shares during the period. Trust Co. of Vermont purchased a new stake in Fidelity High Dividend ETF in the third quarter worth $41,000. TD Waterhouse Canada Inc. raised its stake in shares of Fidelity High Dividend ETF by 59.4% in the third quarter. TD Waterhouse Canada Inc. now owns 974 shares of the company’s stock valued at $55,000 after buying an additional 363 shares during the period. Finally, Capital Investment Advisory Services LLC raised its stake in shares of Fidelity High Dividend ETF by 83.3% in the third quarter. Capital Investment Advisory Services LLC now owns 1,140 shares of the company’s stock valued at $64,000 after buying an additional 518 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $55.60 on Monday. The stock has a market capitalization of $8.59 billion, a PE ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $60.12. The business’s fifty day moving average price is $57.55 and its 200-day moving average price is $56.75.

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.