McGlone Suttner Wealth Management Inc. Purchases 21,978 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

McGlone Suttner Wealth Management Inc. grew its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 25.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 109,789 shares of the company’s stock after acquiring an additional 21,978 shares during the quarter. Fidelity High Dividend ETF accounts for approximately 0.9% of McGlone Suttner Wealth Management Inc.’s investment portfolio, making the stock its 16th biggest position. McGlone Suttner Wealth Management Inc. owned about 0.19% of Fidelity High Dividend ETF worth $5,483,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the 3rd quarter worth approximately $25,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of Fidelity High Dividend ETF in the third quarter valued at approximately $75,000. Baker Avenue Asset Management LP acquired a new stake in Fidelity High Dividend ETF during the third quarter worth approximately $205,000. Daymark Wealth Partners LLC bought a new position in Fidelity High Dividend ETF during the 4th quarter worth $206,000. Finally, Ellis Investment Partners LLC acquired a new position in Fidelity High Dividend ETF in the 3rd quarter valued at $209,000.

Fidelity High Dividend ETF Stock Performance

NYSEARCA:FDVV opened at $51.47 on Friday. The company has a market cap of $2.97 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $42.53 and a fifty-two week high of $52.78. The stock has a fifty day moving average price of $51.05 and a 200-day moving average price of $50.12.

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.