McGlone Suttner Wealth Management Inc. Purchases 9,418 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

McGlone Suttner Wealth Management Inc. boosted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 109,401 shares of the company’s stock after acquiring an additional 9,418 shares during the period. Fidelity High Dividend ETF makes up approximately 0.9% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 16th largest holding. McGlone Suttner Wealth Management Inc.’s holdings in Fidelity High Dividend ETF were worth $4,625,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FDVV. Kingswood Wealth Advisors LLC acquired a new position in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $247,000. FSC Wealth Advisors LLC lifted its stake in shares of Fidelity High Dividend ETF by 58.2% in the 4th quarter. FSC Wealth Advisors LLC now owns 6,860 shares of the company’s stock valued at $290,000 after purchasing an additional 2,524 shares during the period. HBW Advisory Services LLC lifted its stake in shares of Fidelity High Dividend ETF by 15.2% in the 4th quarter. HBW Advisory Services LLC now owns 25,342 shares of the company’s stock valued at $1,071,000 after purchasing an additional 3,336 shares during the period. Raymond James Financial Services Advisors Inc. increased its position in shares of Fidelity High Dividend ETF by 65.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 200,513 shares of the company’s stock valued at $8,478,000 after buying an additional 79,636 shares in the last quarter. Finally, Retirement Planning Group LLC increased its position in shares of Fidelity High Dividend ETF by 10.7% in the 4th quarter. Retirement Planning Group LLC now owns 173,785 shares of the company’s stock valued at $7,348,000 after buying an additional 16,760 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 0.4 %

Shares of FDVV traded up $0.20 during trading hours on Thursday, reaching $45.38. The stock had a trading volume of 227,188 shares, compared to its average volume of 283,956. Fidelity High Dividend ETF has a 52 week low of $36.94 and a 52 week high of $45.42. The firm has a 50-day moving average of $43.80 and a 200 day moving average of $41.37. The company has a market cap of $1.84 billion, a P/E ratio of 10.36 and a beta of 1.01.

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.