Focus Financial Network Inc. Acquires Shares of 11,625 Fidelity High Dividend ETF $FDVV

Focus Financial Network Inc. purchased a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 11,625 shares of the company’s stock, valued at approximately $659,000.

Other large investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the second quarter worth $27,000. Oakworth Capital Inc. raised its stake in shares of Fidelity High Dividend ETF by 427.5% in the third quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock worth $38,000 after purchasing an additional 560 shares during the last quarter. Trust Co. of Vermont acquired a new stake in Fidelity High Dividend ETF during the 3rd quarter valued at approximately $41,000. TD Waterhouse Canada Inc. lifted its position in Fidelity High Dividend ETF by 59.4% during the third quarter. TD Waterhouse Canada Inc. now owns 974 shares of the company’s stock valued at $55,000 after purchasing an additional 363 shares during the period. Finally, Capital Investment Advisory Services LLC lifted its holdings in shares of Fidelity High Dividend ETF by 83.3% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 1,140 shares of the company’s stock valued at $64,000 after buying an additional 518 shares during the period.

Fidelity High Dividend ETF Stock Down 1.2%

NYSEARCA:FDVV opened at $53.90 on Friday. The stock has a market capitalization of $7.86 billion, a PE ratio of 17.18 and a beta of 0.92. The stock’s 50-day moving average price is $57.75 and its 200-day moving average price is $56.74. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $60.12.

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.