Y Intercept Hong Kong Ltd Takes Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Y Intercept Hong Kong Ltd bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund bought 11,025 shares of the company’s stock, valued at approximately $558,000.

Other hedge funds also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC purchased a new stake in shares of Fidelity High Dividend ETF during the third quarter valued at $25,000. Hantz Financial Services Inc. acquired a new stake in Fidelity High Dividend ETF during the 2nd quarter worth about $51,000. Glass Jacobson Investment Advisors llc purchased a new stake in Fidelity High Dividend ETF during the 3rd quarter valued at about $75,000. ICA Group Wealth Management LLC increased its holdings in shares of Fidelity High Dividend ETF by 105.5% in the second quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after purchasing an additional 1,555 shares during the period. Finally, Larson Financial Group LLC increased its holdings in shares of Fidelity High Dividend ETF by 6,777.4% in the second quarter. Larson Financial Group LLC now owns 4,264 shares of the company’s stock valued at $199,000 after purchasing an additional 4,202 shares during the period.

Fidelity High Dividend ETF Stock Up 0.4 %

Fidelity High Dividend ETF stock opened at $51.48 on Monday. The stock has a 50-day moving average price of $51.52 and a 200 day moving average price of $49.47. The company has a market capitalization of $2.97 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 52 week low of $41.51 and a 52 week high of $52.78.

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.