Fidelity High Dividend ETF $FDVV Shares Newly Purchased by Valley National Advisers Inc.

Valley National Advisers Inc. bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,204 shares of the company’s stock, valued at approximately $620,000.

Other hedge funds have also bought and sold shares of the company. Harbor Asset Planning Inc. grew its holdings in Fidelity High Dividend ETF by 0.8% during the first quarter. Harbor Asset Planning Inc. now owns 22,824 shares of the company’s stock worth $1,261,000 after purchasing an additional 182 shares during the period. Focus Financial Network Inc. raised its stake in Fidelity High Dividend ETF by 2.0% in the second quarter. Focus Financial Network Inc. now owns 12,174 shares of the company’s stock valued at $734,000 after buying an additional 238 shares during the period. JGP Wealth Management LLC raised its stake in Fidelity High Dividend ETF by 3.0% in the third quarter. JGP Wealth Management LLC now owns 8,295 shares of the company’s stock valued at $504,000 after buying an additional 244 shares during the period. Thurston Springer Miller Herd & Titak Inc. raised its stake in Fidelity High Dividend ETF by 2.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 10,956 shares of the company’s stock valued at $661,000 after buying an additional 292 shares during the period. Finally, Bogart Wealth LLC raised its stake in Fidelity High Dividend ETF by 17.4% in the first quarter. Bogart Wealth LLC now owns 2,080 shares of the company’s stock valued at $115,000 after buying an additional 308 shares during the period.

Fidelity High Dividend ETF Price Performance

FDVV opened at $61.97 on Monday. Fidelity High Dividend ETF has a 12-month low of $53.77 and a 12-month high of $64.54. The stock has a market cap of $10.42 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The business has a 50 day moving average of $62.30 and a 200-day moving average of $61.31.

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.