Barry Investment Advisors LLC Boosts Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Barry Investment Advisors LLC raised its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 40,318 shares of the company’s stock after purchasing an additional 813 shares during the period. Barry Investment Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $2,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC purchased a new stake in shares of Fidelity High Dividend ETF during the third quarter worth about $25,000. Glass Jacobson Investment Advisors llc purchased a new stake in shares of Fidelity High Dividend ETF during the third quarter worth about $75,000. Baker Avenue Asset Management LP purchased a new stake in shares of Fidelity High Dividend ETF during the third quarter worth about $205,000. Daymark Wealth Partners LLC purchased a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth about $206,000. Finally, Ellis Investment Partners LLC purchased a new stake in shares of Fidelity High Dividend ETF during the third quarter worth about $209,000.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV stock opened at $50.84 on Wednesday. Fidelity High Dividend ETF has a fifty-two week low of $42.53 and a fifty-two week high of $52.78. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. The stock’s 50-day simple moving average is $51.03 and its 200-day simple moving average is $50.21.

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.