69,419 Shares in Fidelity High Dividend ETF $FDVV Bought by PFG Advisors

PFG Advisors bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the third quarter, according to its most recent filing with the SEC. The firm bought 69,419 shares of the company’s stock, valued at approximately $3,867,000.

Several other institutional investors have also recently bought and sold shares of the company. Ballew Advisors Inc boosted its holdings in Fidelity High Dividend ETF by 0.7% during the third quarter. Ballew Advisors Inc now owns 29,458 shares of the company’s stock valued at $1,632,000 after acquiring an additional 193 shares during the period. Assetmark Inc. grew its position in shares of Fidelity High Dividend ETF by 80.5% in the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock valued at $25,000 after purchasing an additional 211 shares during the last quarter. Melfa Wealth Management Inc. increased its stake in shares of Fidelity High Dividend ETF by 1.1% in the third quarter. Melfa Wealth Management Inc. now owns 19,141 shares of the company’s stock worth $1,066,000 after purchasing an additional 212 shares during the period. Archer Investment Corp increased its stake in shares of Fidelity High Dividend ETF by 7.2% in the third quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock worth $179,000 after purchasing an additional 217 shares during the period. Finally, GWN Securities Inc. increased its stake in shares of Fidelity High Dividend ETF by 3.2% in the third quarter. GWN Securities Inc. now owns 8,081 shares of the company’s stock worth $450,000 after purchasing an additional 252 shares during the period.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $57.53 on Tuesday. The stock has a 50-day simple moving average of $58.15 and a 200 day simple moving average of $56.70. Fidelity High Dividend ETF has a twelve month low of $42.81 and a twelve month high of $60.12. The stock has a market capitalization of $8.39 billion, a PE ratio of 17.18 and a beta of 0.92.

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.