Avantax Advisory Services Inc. Increases Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Avantax Advisory Services Inc. grew its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 29.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 289,710 shares of the company’s stock after buying an additional 65,515 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Fidelity High Dividend ETF were worth $14,468,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Darwin Wealth Management LLC purchased a new position in Fidelity High Dividend ETF during the 3rd quarter worth $25,000. Roxbury Financial LLC purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $62,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of Fidelity High Dividend ETF in the 3rd quarter valued at about $75,000. Archer Investment Corp purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $98,000. Finally, Avion Wealth purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at about $128,000.

Fidelity High Dividend ETF Stock Down 0.2 %

Shares of FDVV opened at $49.32 on Thursday. The company has a 50-day simple moving average of $50.81 and a 200-day simple moving average of $50.82. The company has a market capitalization of $4.68 billion, a PE ratio of 19.05 and a beta of 1.02. Fidelity High Dividend ETF has a 52-week low of $43.34 and a 52-week high of $52.78.

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.