International Assets Investment Management LLC Takes Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

International Assets Investment Management LLC acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 24,470 shares of the company’s stock, valued at approximately $1,223,000.

Other large investors have also recently added to or reduced their stakes in the company. Private Advisor Group LLC grew its stake in shares of Fidelity High Dividend ETF by 23.3% in the second quarter. Private Advisor Group LLC now owns 67,264 shares of the company’s stock worth $3,147,000 after acquiring an additional 12,720 shares in the last quarter. Oppenheimer & Co. Inc. grew its stake in Fidelity High Dividend ETF by 55.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 36,080 shares of the company’s stock worth $1,688,000 after purchasing an additional 12,801 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in Fidelity High Dividend ETF by 25.9% during the 2nd quarter. Thoroughbred Financial Services LLC now owns 53,751 shares of the company’s stock worth $2,514,000 after purchasing an additional 11,042 shares during the period. Envestnet Asset Management Inc. raised its position in Fidelity High Dividend ETF by 35.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,020,505 shares of the company’s stock valued at $47,739,000 after purchasing an additional 268,292 shares in the last quarter. Finally, ICA Group Wealth Management LLC boosted its stake in shares of Fidelity High Dividend ETF by 105.5% in the 2nd quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after buying an additional 1,555 shares during the period.

Fidelity High Dividend ETF Stock Performance

FDVV stock opened at $50.18 on Thursday. The company’s 50 day moving average price is $51.23 and its 200 day moving average price is $49.88. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $41.74 and a fifty-two week high of $52.78.

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.