Daymark Wealth Partners LLC Purchases New Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Daymark Wealth Partners LLC acquired a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,131 shares of the company’s stock, valued at approximately $206,000.

Other institutional investors have also modified their holdings of the company. Darwin Wealth Management LLC purchased a new position in Fidelity High Dividend ETF during the 3rd quarter worth approximately $25,000. Glass Jacobson Investment Advisors llc purchased a new position in shares of Fidelity High Dividend ETF during the third quarter worth approximately $75,000. Baker Avenue Asset Management LP acquired a new position in shares of Fidelity High Dividend ETF in the 3rd quarter valued at $205,000. Ellis Investment Partners LLC purchased a new stake in Fidelity High Dividend ETF in the 3rd quarter valued at $209,000. Finally, Strategic Family Wealth Counselors L.L.C. acquired a new stake in Fidelity High Dividend ETF during the 3rd quarter worth $210,000.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $51.41 on Friday. The firm’s fifty day moving average is $51.05 and its two-hundred day moving average is $50.13. Fidelity High Dividend ETF has a one year low of $42.53 and a one year high of $52.78. The firm has a market cap of $2.97 billion, a PE 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.