Strategic Family Wealth Counselors L.L.C. Invests $210,000 in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Strategic Family Wealth Counselors L.L.C. bought a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,149 shares of the company’s stock, valued at approximately $210,000.

A number of other institutional investors have also recently made changes to their positions in FDVV. Commonwealth Equity Services LLC raised its stake in Fidelity High Dividend ETF by 11.6% in the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock valued at $140,229,000 after buying an additional 287,984 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in Fidelity High Dividend ETF during the second quarter worth about $12,937,000. Envestnet Asset Management Inc. raised its position in Fidelity High Dividend ETF by 35.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock valued at $47,739,000 after acquiring an additional 268,292 shares in the last quarter. Cetera Investment Advisers lifted its holdings in Fidelity High Dividend ETF by 130.8% in the first quarter. Cetera Investment Advisers now owns 384,733 shares of the company’s stock valued at $17,432,000 after acquiring an additional 218,023 shares during the period. Finally, Childress Capital Advisors LLC boosted its position in Fidelity High Dividend ETF by 38.5% in the 3rd quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock worth $38,479,000 after purchasing an additional 211,267 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV traded up $0.14 during trading hours on Friday, hitting $51.96. The stock had a trading volume of 124,818 shares, compared to its average volume of 336,762. The firm has a 50-day moving average price of $50.45 and a 200 day moving average price of $48.28. Fidelity High Dividend ETF has a fifty-two week low of $38.36 and a fifty-two week high of $51.98. The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.