Fidelity High Dividend ETF $FDVV Shares Purchased by Marshall & Sterling Wealth Advisors Inc.

Marshall & Sterling Wealth Advisors Inc. raised its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 21.0% in the 4th quarter, HoldingsChannel reports. The fund owned 97,553 shares of the company’s stock after purchasing an additional 16,939 shares during the period. Fidelity High Dividend ETF makes up about 3.7% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 6th biggest holding. Marshall & Sterling Wealth Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $5,530,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the 2nd quarter valued at approximately $27,000. Optima Capital LLC acquired a new position in Fidelity High Dividend ETF in the 4th quarter valued at approximately $33,000. Oakworth Capital Inc. raised its holdings in Fidelity High Dividend ETF by 427.5% in the 3rd quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock valued at $38,000 after acquiring an additional 560 shares in the last quarter. Dunhill Financial LLC acquired a new position in Fidelity High Dividend ETF in the 4th quarter valued at approximately $41,000. Finally, Cornerstone Planning Group LLC raised its holdings in Fidelity High Dividend ETF by 641.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 816 shares of the company’s stock valued at $47,000 after acquiring an additional 706 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 0.5%

Fidelity High Dividend ETF stock opened at $61.09 on Friday. The business has a 50 day moving average price of $57.90 and a two-hundred day moving average price of $57.59. The stock has a market cap of $9.50 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12 month low of $49.84 and a 12 month high of $61.24.

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.