Hubbell Strickland Wealth Management LLC Buys Shares of 4,968 Fidelity High Dividend ETF (NYSEARCA:FDVV)

Hubbell Strickland Wealth Management LLC bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 4,968 shares of the company’s stock, valued at approximately $248,000.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Octavia Wealth Advisors LLC raised its stake in shares of Fidelity High Dividend ETF by 0.9% during the third 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 in the last quarter. Nations Financial Group Inc. IA ADV raised its stake in shares of Fidelity High Dividend ETF by 5.1% during the third 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 in the last quarter. Community Trust & Investment Co. raised its stake in shares of Fidelity High Dividend ETF by 2.4% during the fourth quarter. Community Trust & Investment Co. now owns 14,552 shares of the company’s stock valued at $727,000 after purchasing an additional 342 shares in the last quarter. Westside Investment Management Inc. raised its stake in shares of Fidelity High Dividend ETF by 2.5% during the third quarter. Westside Investment Management Inc. now owns 14,262 shares of the company’s stock valued at $722,000 after purchasing an additional 346 shares in the last quarter. Finally, FSC Wealth Advisors LLC raised its stake in shares of Fidelity High Dividend ETF by 4.2% during the third quarter. FSC Wealth Advisors LLC now owns 11,943 shares of the company’s stock valued at $605,000 after purchasing an additional 476 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV traded up $0.40 during midday trading on Friday, reaching $50.88. 592,185 shares of the company traded hands, compared to its average volume of 627,504. Fidelity High Dividend ETF has a 52 week low of $41.87 and a 52 week high of $52.78. The stock has a 50-day moving average price of $51.09 and a 200 day moving average price of $50.02. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

Fidelity High Dividend ETF Company 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.