Valley National Advisers Inc. Has $271,000 Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Valley National Advisers Inc. raised its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 18.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,470 shares of the company’s stock after acquiring an additional 837 shares during the quarter. Valley National Advisers Inc.’s holdings in Fidelity High Dividend ETF were worth $271,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in FDVV. Truist Financial Corp lifted its stake in shares of Fidelity High Dividend ETF by 0.7% in the second quarter. Truist Financial Corp now owns 81,142 shares of the company’s stock worth $3,796,000 after buying an additional 559 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Fidelity High Dividend ETF during the second quarter valued at about $2,746,000. Lakeridge Wealth Management LLC boosted its holdings in Fidelity High Dividend ETF by 3.6% during the third quarter. Lakeridge Wealth Management LLC now owns 277,493 shares of the company’s stock valued at $14,055,000 after acquiring an additional 9,746 shares during the period. Foresight Capital Management Advisors Inc. increased its stake in shares of Fidelity High Dividend ETF by 4.8% in the third quarter. Foresight Capital Management Advisors Inc. now owns 69,520 shares of the company’s stock worth $3,521,000 after purchasing an additional 3,181 shares during the period. Finally, WealthCare Investment Partners LLC lifted its position in shares of Fidelity High Dividend ETF by 8.6% during the 3rd quarter. WealthCare Investment Partners LLC now owns 10,229 shares of the company’s stock worth $514,000 after purchasing an additional 807 shares during the last quarter.

Fidelity High Dividend ETF Stock Down 0.8 %

FDVV opened at $50.50 on Monday. The stock’s 50 day moving average price is $50.93 and its two-hundred day moving average price is $50.26. The firm has a market capitalization of $2.91 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 12-month low of $42.53 and a 12-month high of $52.78.

Fidelity High Dividend ETF Company 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.