Milestone Investment Advisors LLC raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 14.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 292,425 shares of the company’s stock after acquiring an additional 37,423 shares during the quarter. Fidelity High Dividend ETF comprises approximately 4.0% of Milestone Investment Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Milestone Investment Advisors LLC owned approximately 0.51% of Fidelity High Dividend ETF worth $14,604,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. Tidemark LLC acquired a new stake in shares of Fidelity High Dividend ETF in the fourth quarter valued at approximately $29,000. Roxbury Financial LLC acquired a new position in Fidelity High Dividend ETF during the 4th quarter worth $62,000. Glass Jacobson Investment Advisors llc bought a new position in Fidelity High Dividend ETF in the 3rd quarter valued at $75,000. Archer Investment Corp acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at $98,000. Finally, Avion Wealth bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth $128,000.
Fidelity High Dividend ETF Stock Up 0.3 %
Fidelity High Dividend ETF stock opened at $49.74 on Thursday. The business’s 50-day simple moving average is $50.65 and its 200 day simple moving average is $50.85. The stock has a market cap of $4.70 billion, a price-to-earnings ratio of 17.44 and a beta of 1.02. Fidelity High Dividend ETF has a 12-month low of $43.34 and a 12-month high of $52.78.
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.
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