AA Financial Advisors LLC Makes New Investment in Fidelity High Dividend ETF $FDVV

AA Financial Advisors LLC purchased a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 17,547 shares of the company’s stock, valued at approximately $995,000.

Several other institutional investors have also modified their holdings of the business. Ballew Advisors Inc increased its holdings in Fidelity High Dividend ETF by 0.7% during the 3rd quarter. Ballew Advisors Inc now owns 29,458 shares of the company’s stock worth $1,632,000 after purchasing an additional 193 shares in the last quarter. Melfa Wealth Management Inc. grew its stake in shares of Fidelity High Dividend ETF by 1.1% during the 3rd quarter. Melfa Wealth Management Inc. now owns 19,141 shares of the company’s stock worth $1,066,000 after acquiring an additional 212 shares in the last quarter. Archer Investment Corp raised its holdings in shares of Fidelity High Dividend ETF by 7.2% in the third quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock valued at $179,000 after purchasing an additional 217 shares during the last quarter. GWN Securities Inc. raised its holdings in shares of Fidelity High Dividend ETF by 3.2% in the third quarter. GWN Securities Inc. now owns 8,081 shares of the company’s stock valued at $450,000 after purchasing an additional 252 shares during the last quarter. Finally, Fairvoy Private Wealth LLC lifted its position in shares of Fidelity High Dividend ETF by 4.0% in the fourth quarter. Fairvoy Private Wealth LLC now owns 8,052 shares of the company’s stock worth $456,000 after purchasing an additional 313 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $53.90 on Monday. Fidelity High Dividend ETF has a 12 month low of $42.81 and a 12 month high of $60.12. The company’s fifty day simple moving average is $57.75 and its 200-day simple moving average is $56.77. The firm has a market cap of $7.86 billion, a PE ratio of 17.18 and a beta of 0.92.

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.