Certified Advisory Corp Purchases 4,810 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Certified Advisory Corp lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 17.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,408 shares of the company’s stock after acquiring an additional 4,810 shares during the quarter. Certified Advisory Corp owned 0.06% of Fidelity High Dividend ETF worth $1,618,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Community Trust & Investment Co. lifted its position in shares of Fidelity High Dividend ETF by 2.4% in the 4th quarter. Community Trust & Investment Co. now owns 14,552 shares of the company’s stock worth $727,000 after purchasing an additional 342 shares during the period. AdvisorNet Financial Inc boosted its position in Fidelity High Dividend ETF by 5.5% during the 4th quarter. AdvisorNet Financial Inc now owns 108,263 shares of the company’s stock valued at $5,407,000 after acquiring an additional 5,692 shares in the last quarter. City Center Advisors LLC purchased a new position in shares of Fidelity High Dividend ETF in the 4th quarter valued at $223,000. HBW Advisory Services LLC raised its position in shares of Fidelity High Dividend ETF by 7.0% in the 4th quarter. HBW Advisory Services LLC now owns 50,518 shares of the company’s stock worth $2,523,000 after acquiring an additional 3,296 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of Fidelity High Dividend ETF during the 4th quarter worth $1,223,000.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $50.48 on Friday. The company has a market cap of $2.91 billion, a P/E ratio of 11.51 and a beta of 0.82. The stock’s 50-day moving average is $51.11 and its 200 day moving average is $49.99. Fidelity High Dividend ETF has a 1-year low of $41.74 and a 1-year 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.