Tandem Capital Management Corp ADV Buys 300 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Tandem Capital Management Corp ADV raised its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 3.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,470 shares of the company’s stock after purchasing an additional 300 shares during the period. Tandem Capital Management Corp ADV’s holdings in Fidelity High Dividend ETF were worth $473,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Octavia Wealth Advisors LLC boosted its stake in Fidelity High Dividend ETF by 0.9% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock valued at $1,213,000 after purchasing an additional 222 shares during the last quarter. Melfa Wealth Management Inc. boosted its stake in Fidelity High Dividend ETF by 1.5% during the 4th quarter. Melfa Wealth Management Inc. now owns 17,460 shares of the company’s stock valued at $872,000 after purchasing an additional 258 shares during the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in Fidelity High Dividend ETF by 5.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock valued at $272,000 after purchasing an additional 260 shares during the last quarter. Ballew Advisors Inc boosted its stake in Fidelity High Dividend ETF by 1.0% during the 4th quarter. Ballew Advisors Inc now owns 27,908 shares of the company’s stock valued at $1,380,000 after purchasing an additional 266 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in Fidelity High Dividend ETF by 0.7% during the 4th quarter. Koshinski Asset Management Inc. now owns 40,983 shares of the company’s stock valued at $2,047,000 after purchasing an additional 273 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 0.7 %

Shares of FDVV opened at $50.15 on Tuesday. The business’s fifty day simple moving average is $50.93 and its two-hundred day simple moving average is $50.27. Fidelity High Dividend ETF has a 12 month low of $42.53 and a 12 month high of $52.78. The company has a market cap of $2.89 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.