Global Assets Advisory LLC Invests $501,000 in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Global Assets Advisory LLC purchased a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 11,057 shares of the company’s stock, valued at approximately $501,000.

A number of other large investors also recently bought and sold shares of the stock. Tower Research Capital LLC TRC acquired a new position in shares of Fidelity High Dividend ETF during the fourth quarter worth $27,000. ICA Group Wealth Management LLC acquired a new stake in Fidelity High Dividend ETF in the 4th quarter valued at approximately $86,000. Householder Group Estate & Retirement Specialist LLC raised its stake in Fidelity High Dividend ETF by 11.5% during the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock valued at $159,000 after acquiring an additional 388 shares in the last quarter. SRS Capital Advisors Inc. boosted its position in Fidelity High Dividend ETF by 28.6% during the 4th quarter. SRS Capital Advisors Inc. now owns 3,896 shares of the company’s stock worth $165,000 after acquiring an additional 867 shares during the period. Finally, Anchor Investment Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at $177,000.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $46.75 on Friday. The company’s 50 day simple moving average is $46.12 and its 200 day simple moving average is $44.33. The firm has a market capitalization of $2.70 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 12 month low of $36.94 and a 12 month high of $47.77.

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.