Octavia Wealth Advisors LLC Grows Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Octavia Wealth Advisors LLC grew its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 24,500 shares of the company’s stock after purchasing an additional 546 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $1,224,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of Fidelity High Dividend ETF by 27.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock valued at $12,468,000 after acquiring an additional 52,434 shares during the period. Nations Financial Group Inc. IA ADV grew its stake in shares of Fidelity High Dividend ETF by 5.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock valued at $272,000 after acquiring an additional 260 shares during the period. HighTower Advisors LLC grew its stake in shares of Fidelity High Dividend ETF by 29.9% during the 3rd quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock valued at $837,000 after acquiring an additional 3,801 shares during the period. Janney Montgomery Scott LLC grew its stake in shares of Fidelity High Dividend ETF by 43.7% during the 3rd quarter. Janney Montgomery Scott LLC now owns 32,028 shares of the company’s stock valued at $1,622,000 after acquiring an additional 9,736 shares during the period. Finally, FMR LLC boosted its stake in Fidelity High Dividend ETF by 4.7% in the 3rd quarter. FMR LLC now owns 80,331 shares of the company’s stock worth $4,069,000 after purchasing an additional 3,620 shares during the period.

Fidelity High Dividend ETF Price Performance

FDVV stock opened at $51.25 on Wednesday. Fidelity High Dividend ETF has a 1-year low of $42.53 and a 1-year high of $52.78. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. The business has a 50 day simple moving average of $51.07 and a two-hundred day simple moving average of $50.08.

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.