North Star Asset Management Inc. Takes Position in Fidelity High Dividend ETF $FDVV

North Star Asset Management Inc. acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 8,502 shares of the company’s stock, valued at approximately $482,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in FDVV. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the second quarter valued at $27,000. Optima Capital LLC acquired a new position in Fidelity High Dividend ETF in the fourth quarter valued at $33,000. Oakworth Capital Inc. boosted its holdings in Fidelity High Dividend ETF by 427.5% in the third quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock valued at $38,000 after acquiring an additional 560 shares during the last quarter. Dunhill Financial LLC acquired a new position in Fidelity High Dividend ETF in the fourth quarter valued at $41,000. Finally, Cornerstone Planning Group LLC boosted its holdings in Fidelity High Dividend ETF by 641.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 816 shares of the company’s stock valued at $47,000 after acquiring an additional 706 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of Fidelity High Dividend ETF stock opened at $60.70 on Monday. Fidelity High Dividend ETF has a twelve month low of $49.10 and a twelve month high of $60.78. The stock has a market capitalization of $9.44 billion, a P/E ratio of 17.18 and a beta of 0.86. The business’s fifty day moving average price is $57.55 and its 200 day moving average price is $57.44.

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.