WealthCare Investment Partners LLC Increases Position in Fidelity High Dividend ETF $FDVV

WealthCare Investment Partners LLC boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.4% during the second quarter, Holdings Channel reports. The fund owned 11,228 shares of the company’s stock after acquiring an additional 1,057 shares during the period. WealthCare Investment Partners LLC’s holdings in Fidelity High Dividend ETF were worth $597,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its position in shares of Fidelity High Dividend ETF by 80.2% during the 1st quarter. HighTower Advisors LLC now owns 40,894 shares of the company’s stock valued at $2,028,000 after purchasing an additional 18,196 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in Fidelity High Dividend ETF by 17.5% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 49,805 shares of the company’s stock worth $2,470,000 after buying an additional 7,400 shares during the last quarter. Private Trust Co. NA purchased a new stake in Fidelity High Dividend ETF in the first quarter worth approximately $45,000. NBC Securities Inc. grew its position in Fidelity High Dividend ETF by 66,500.0% during the first quarter. NBC Securities Inc. now owns 4,662 shares of the company’s stock valued at $231,000 after acquiring an additional 4,655 shares during the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Fidelity High Dividend ETF by 2.8% during the first quarter. Janney Montgomery Scott LLC now owns 34,398 shares of the company’s stock worth $1,706,000 after acquiring an additional 931 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV opened at $55.52 on Tuesday. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $55.63. The firm has a market cap of $6.37 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01. The firm has a 50 day moving average price of $54.26 and a 200-day moving average price of $51.14.

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.