Avion Wealth Buys New Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Avion Wealth purchased a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,580 shares of the company’s stock, valued at approximately $128,000.

A number of other large investors have also modified their holdings of the business. JPMorgan Chase & Co. raised its position in shares of Fidelity High Dividend ETF by 27.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock valued at $12,468,000 after purchasing an additional 52,434 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Fidelity High Dividend ETF by 5.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock worth $272,000 after buying an additional 260 shares during the last quarter. HighTower Advisors LLC lifted its stake in shares of Fidelity High Dividend ETF by 29.9% during the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after buying an additional 3,801 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Fidelity High Dividend ETF by 43.7% during the third quarter. Janney Montgomery Scott LLC now owns 32,028 shares of the company’s stock worth $1,622,000 after buying an additional 9,736 shares during the period. Finally, FMR LLC grew its holdings in shares of Fidelity High Dividend ETF by 4.7% during the third quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after buying an additional 3,620 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock opened at $51.62 on Wednesday. The business’s 50-day simple moving average is $50.73 and its two-hundred day simple moving average is $50.39. The company has a market cap of $2.98 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $42.53 and a fifty-two week high of $52.78.

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.