Rollins Financial Advisors LLC Makes New $834,000 Investment in Fidelity High Dividend ETF $FDVV

Rollins Financial Advisors LLC acquired a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 14,705 shares of the company’s stock, valued at approximately $834,000.

Other institutional 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 worth $27,000. Optima Capital LLC acquired a new position in Fidelity High Dividend ETF in the 4th quarter worth $33,000. Oakworth Capital Inc. lifted 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 worth $38,000 after buying an additional 560 shares in the last quarter. Dunhill Financial LLC acquired a new position in Fidelity High Dividend ETF in the 4th quarter worth $41,000. Finally, Cornerstone Planning Group LLC lifted 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 worth $47,000 after buying an additional 706 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $59.42 on Wednesday. Fidelity High Dividend ETF has a 12 month low of $49.10 and a 12 month high of $60.12. The firm has a market capitalization of $9.24 billion, a P/E ratio of 17.18 and a beta of 0.86. The company’s fifty day moving average price is $57.24 and its two-hundred day moving average price is $57.24.

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.