New England Private Wealth Advisors LLC Makes New $237,000 Investment in Fidelity High Dividend ETF (NYSEARCA:FDVV)

New England Private Wealth Advisors LLC bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,595 shares of the company’s stock, valued at approximately $237,000.

Several other institutional investors have also recently bought and sold shares of FDVV. Core Wealth Advisors Inc. increased its stake in shares of Fidelity High Dividend ETF by 2.5% in the third quarter. Core Wealth Advisors Inc. now owns 11,153 shares of the company’s stock valued at $430,000 after buying an additional 269 shares during the period. FSC Wealth Advisors LLC increased its stake in shares of Fidelity High Dividend ETF by 7.0% in the third quarter. FSC Wealth Advisors LLC now owns 4,336 shares of the company’s stock valued at $167,000 after buying an additional 283 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in shares of Fidelity High Dividend ETF by 3.7% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,680 shares of the company’s stock valued at $367,000 after buying an additional 310 shares during the period. Householder Group Estate & Retirement Specialist LLC increased its stake in shares of Fidelity High Dividend ETF by 11.5% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock valued at $159,000 after buying an additional 388 shares during the period. Finally, Sigma Planning Corp increased its stake in shares of Fidelity High Dividend ETF by 2.9% in the third quarter. Sigma Planning Corp now owns 16,123 shares of the company’s stock valued at $622,000 after buying an additional 455 shares during the period.

Fidelity High Dividend ETF Trading Up 0.1 %

NYSEARCA:FDVV traded up $0.06 on Friday, reaching $44.41. 233,870 shares of the stock traded hands, compared to its average volume of 286,887. Fidelity High Dividend ETF has a 1-year low of $36.94 and a 1-year high of $45.42. The company’s 50 day moving average is $44.36 and its 200-day moving average is $42.14. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 11.12 and a beta of 0.84.

Fidelity High Dividend ETF 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.