Valued Retirements Inc. Increases Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Valued Retirements Inc. grew its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 27.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,590 shares of the company’s stock after purchasing an additional 15,011 shares during the quarter. Fidelity High Dividend ETF comprises approximately 4.7% of Valued Retirements Inc.’s holdings, making the stock its 7th largest holding. Valued Retirements Inc.’s holdings in Fidelity High Dividend ETF were worth $3,525,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in FDVV. JPMorgan Chase & Co. grew its holdings in Fidelity High Dividend ETF by 27.1% during the third quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock worth $12,468,000 after purchasing an additional 52,434 shares during the period. Kingswood Wealth Advisors LLC grew its stake in shares of Fidelity High Dividend ETF by 14.3% during the fourth quarter. Kingswood Wealth Advisors LLC now owns 6,400 shares of the company’s stock worth $320,000 after buying an additional 803 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Fidelity High Dividend ETF by 29.9% in the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after purchasing an additional 3,801 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in Fidelity High Dividend ETF by 4.5% during the fourth quarter. Janney Montgomery Scott LLC now owns 33,467 shares of the company’s stock valued at $1,671,000 after acquiring an additional 1,439 shares during the last quarter. Finally, FMR LLC boosted its position in Fidelity High Dividend ETF by 4.7% during the third quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after acquiring an additional 3,620 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 1.8 %

Shares of NYSEARCA FDVV opened at $49.72 on Monday. The firm’s 50-day moving average price is $50.77 and its 200-day moving average price is $50.81. Fidelity High Dividend ETF has a 1-year low of $43.34 and a 1-year high of $52.78. The firm has a market capitalization of $4.72 billion, a P/E ratio of 19.05 and a beta of 1.02.

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.