Avaii Wealth Management LLC Purchases 1,129 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Avaii Wealth Management LLC lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 8.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,152 shares of the company’s stock after purchasing an additional 1,129 shares during the quarter. Avaii Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $757,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FDVV. KFG Wealth Management LLC lifted its stake in shares of Fidelity High Dividend ETF by 26.8% in the fourth quarter. KFG Wealth Management LLC now owns 15,744 shares of the company’s stock valued at $786,000 after buying an additional 3,323 shares in the last quarter. Precedent Wealth Partners LLC raised its holdings in shares of Fidelity High Dividend ETF by 9.2% in the 4th quarter. Precedent Wealth Partners LLC now owns 10,663 shares of the company’s stock worth $533,000 after acquiring an additional 901 shares during the last quarter. Flagship Harbor Advisors LLC lifted its position in Fidelity High Dividend ETF by 93.9% in the 4th quarter. Flagship Harbor Advisors LLC now owns 15,151 shares of the company’s stock valued at $757,000 after acquiring an additional 7,339 shares in the last quarter. McGlone Suttner Wealth Management Inc. lifted its position in Fidelity High Dividend ETF by 25.0% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 109,789 shares of the company’s stock valued at $5,483,000 after acquiring an additional 21,978 shares in the last quarter. Finally, Madrona Financial Services LLC acquired a new position in Fidelity High Dividend ETF during the 4th quarter valued at about $5,844,000.

Fidelity High Dividend ETF Stock Down 0.1 %

FDVV stock opened at $51.41 on Friday. The stock’s 50 day moving average is $51.05 and its 200-day moving average is $50.15. Fidelity High Dividend ETF has a twelve month low of $42.53 and a twelve month high of $52.78. The firm has a market capitalization of $2.97 billion, a PE ratio of 11.51 and a beta of 0.82.

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.