WealthCare Investment Partners LLC Invests $424,000 in Fidelity High Dividend ETF (NYSEARCA:FDVV)

WealthCare Investment Partners LLC bought a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 9,359 shares of the company’s stock, valued at approximately $424,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Stephens Inc. AR purchased a new position in shares of Fidelity High Dividend ETF during the 4th quarter valued at about $938,000. Envestnet Asset Management Inc. lifted its holdings in Fidelity High Dividend ETF by 7.8% in the third quarter. Envestnet Asset Management Inc. now owns 571,551 shares of the company’s stock valued at $22,056,000 after acquiring an additional 41,353 shares during the period. Arkadios Wealth Advisors acquired a new position in Fidelity High Dividend ETF in the fourth quarter valued at approximately $1,930,000. AdvisorNet Financial Inc boosted its position in Fidelity High Dividend ETF by 2.3% in the 4th quarter. AdvisorNet Financial Inc now owns 102,031 shares of the company’s stock worth $4,314,000 after purchasing an additional 2,253 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. acquired a new stake in shares of Fidelity High Dividend ETF during the 3rd quarter worth approximately $647,000.

Fidelity High Dividend ETF Stock Down 0.3 %

Shares of NYSEARCA:FDVV traded down $0.14 during trading on Thursday, hitting $46.76. 80,787 shares of the stock traded hands, compared to its average volume of 281,085. The company has a fifty day moving average price of $46.05 and a two-hundred day moving average price of $44.31. Fidelity High Dividend ETF has a 52-week low of $36.94 and a 52-week high of $47.77. The company has a market cap of $2.70 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.