Clearwave Capital LLC Purchases New Position in Fidelity High Dividend ETF $FDVV

Clearwave Capital LLC bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 70,877 shares of the company’s stock, valued at approximately $4,018,000. Fidelity High Dividend ETF accounts for approximately 3.0% of Clearwave Capital LLC’s investment portfolio, making the stock its 9th biggest position.

Other large investors have also made changes to their positions in the company. Federation des caisses Desjardins du Quebec acquired a new stake in shares of Fidelity High Dividend ETF during the 4th quarter worth about $25,000. Monetary Solutions Ltd acquired a new position in Fidelity High Dividend ETF in the fourth quarter valued at about $26,000. Darwin Wealth Management LLC bought a new stake in Fidelity High Dividend ETF during the second quarter worth about $27,000. Optima Capital LLC bought a new stake in Fidelity High Dividend ETF during the fourth quarter worth about $33,000. Finally, Dunhill Financial LLC acquired a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth approximately $41,000.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $60.59 on Friday. Fidelity High Dividend ETF has a 1-year low of $50.53 and a 1-year high of $62.06. The company has a 50 day moving average of $59.79 and a 200-day moving average of $58.15. The firm has a market cap of $9.42 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86.

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.