Brookstone Capital Management Invests $749,000 in Fidelity High Dividend ETF $FDVV

Brookstone Capital Management acquired a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 13,561 shares of the company’s stock, valued at approximately $749,000.

Several other large investors have also recently bought and sold shares of the company. Quotient Wealth Partners LLC acquired a new stake in shares of Fidelity High Dividend ETF during the first quarter valued at about $293,000. Founders Financial Securities LLC raised its holdings in Fidelity High Dividend ETF by 5.1% in the 1st quarter. Founders Financial Securities LLC now owns 21,314 shares of the company’s stock valued at $1,223,000 after buying an additional 1,035 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its position in Fidelity High Dividend ETF by 6.1% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,275 shares of the company’s stock worth $347,000 after buying an additional 360 shares during the period. Rockefeller Capital Management L.P. lifted its holdings in shares of Fidelity High Dividend ETF by 1.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 147,857 shares of the company’s stock worth $8,382,000 after purchasing an additional 1,938 shares during the period. Finally, World Investment Advisors grew its stake in shares of Fidelity High Dividend ETF by 23.5% in the fourth quarter. World Investment Advisors now owns 282,582 shares of the company’s stock worth $16,020,000 after purchasing an additional 53,737 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 0.3%

Shares of Fidelity High Dividend ETF stock opened at $60.12 on Friday. The stock has a market cap of $9.35 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a twelve month low of $51.59 and a twelve month high of $62.06. The company’s fifty day moving average is $60.05 and its 200 day moving average is $58.27.

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.