Investment Advisory Group LLC Takes $337,000 Position in Fidelity High Dividend ETF $FDVV

Investment Advisory Group LLC bought a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,481 shares of the company’s stock, valued at approximately $337,000.

A number of other large investors have also recently modified their holdings of FDVV. IMA Advisory Services Inc. purchased a new position in Fidelity High Dividend ETF during the 1st quarter valued at about $28,000. Iron Horse Wealth Management LLC purchased a new position in Fidelity High Dividend ETF during the 1st quarter valued at about $34,000. Creekmur Asset Management LLC purchased a new position in Fidelity High Dividend ETF during the 1st quarter valued at about $35,000. Bogart Wealth LLC lifted its position in Fidelity High Dividend ETF by 299.5% during the 1st quarter. Bogart Wealth LLC now owns 803 shares of the company’s stock valued at $40,000 after acquiring an additional 602 shares during the period. Finally, Private Trust Co. NA purchased a new position in Fidelity High Dividend ETF during the 1st quarter valued at about $45,000.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $54.66 on Friday. Fidelity High Dividend ETF has a 1 year low of $42.81 and a 1 year high of $56.20. The stock has a market cap of $7.00 billion, a P/E ratio of 17.18 and a beta of 1.01. The firm has a 50-day moving average of $55.07 and a 200 day moving average of $51.87.

About Fidelity High Dividend ETF

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.