Ellis Investment Partners LLC Increases Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Ellis Investment Partners LLC boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 27.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,281 shares of the company’s stock after purchasing an additional 1,151 shares during the period. Ellis Investment Partners LLC’s holdings in Fidelity High Dividend ETF were worth $264,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Roxbury Financial LLC bought a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth about $62,000. BXM Wealth LLC bought a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth about $799,000. Nations Financial Group Inc. IA ADV raised its stake in shares of Fidelity High Dividend ETF by 9.3% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 5,872 shares of the company’s stock worth $293,000 after buying an additional 502 shares during the period. Avion Wealth bought a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth about $128,000. Finally, TFB Advisors LLC bought a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth about $210,000.

Fidelity High Dividend ETF Stock Down 0.1 %

NYSEARCA FDVV opened at $51.68 on Monday. The stock’s 50-day moving average price is $50.69 and its 200-day moving average price is $50.48. Fidelity High Dividend ETF has a 52 week low of $43.10 and a 52 week high of $52.78. The company has a market capitalization of $2.98 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.