Goldstone Financial Group LLC Buys Shares of 7,668 Fidelity High Dividend ETF (NYSEARCA:FDVV)

Goldstone Financial Group LLC purchased a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,668 shares of the company’s stock, valued at approximately $383,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Darwin Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF in the third quarter valued at about $25,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of Fidelity High Dividend ETF in the 3rd quarter valued at approximately $75,000. Baker Avenue Asset Management LP acquired a new stake in Fidelity High Dividend ETF in the 3rd quarter worth approximately $205,000. Ellis Investment Partners LLC purchased a new stake in Fidelity High Dividend ETF during the 3rd quarter worth approximately $209,000. Finally, Strategic Family Wealth Counselors L.L.C. acquired a new position in Fidelity High Dividend ETF during the 3rd quarter valued at approximately $210,000.

Fidelity High Dividend ETF Trading Up 0.2 %

NYSEARCA FDVV opened at $50.48 on Friday. Fidelity High Dividend ETF has a 12-month low of $41.74 and a 12-month high of $52.78. The company has a fifty day simple moving average of $51.11 and a two-hundred day simple moving average of $49.99. The stock has a market cap of $2.91 billion, a P/E ratio of 11.51 and a beta of 0.82.

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.