Liberty Wealth Management LLC Purchases Shares of 5,362 Fidelity High Dividend ETF (NYSEARCA:FDVV)

Liberty Wealth Management LLC acquired a new position in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,362 shares of the company’s stock, valued at approximately $266,000.

Other large investors have also recently made changes to their positions in the company. IMA Advisory Services Inc. purchased a new stake in Fidelity High Dividend ETF in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC purchased a new position in Fidelity High Dividend ETF during the first quarter valued at approximately $34,000. Creekmur Asset Management LLC bought a new position in shares of Fidelity High Dividend ETF in the first quarter worth approximately $35,000. Bogart Wealth LLC increased its stake in shares of Fidelity High Dividend ETF by 299.5% in the first quarter. Bogart Wealth LLC now owns 803 shares of the company’s stock worth $40,000 after purchasing an additional 602 shares in the last quarter. Finally, Private Trust Co. NA bought a new stake in shares of Fidelity High Dividend ETF during the 1st quarter valued at $45,000.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $53.68 on Tuesday. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01. The firm’s fifty day moving average is $52.19 and its 200 day moving average is $50.40. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $54.28.

About Fidelity High Dividend ETF

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.