Greykasell Wealth Strategies Inc. Makes New Investment in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Greykasell Wealth Strategies Inc. bought a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,835 shares of the company’s stock, valued at approximately $241,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Darwin Wealth Management LLC bought a new position in Fidelity High Dividend ETF in the 3rd quarter worth approximately $25,000. Roxbury Financial LLC acquired a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at $62,000. Glass Jacobson Investment Advisors llc bought a new position in Fidelity High Dividend ETF in the third quarter valued at about $75,000. Archer Investment Corp acquired a new stake in Fidelity High Dividend ETF in the fourth quarter worth about $98,000. Finally, Avion Wealth acquired a new position in Fidelity High Dividend ETF during the 4th quarter valued at about $128,000.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA:FDVV opened at $49.72 on Friday. The company has a 50 day moving average of $50.77 and a 200-day moving average of $50.81. Fidelity High Dividend ETF has a one year low of $43.34 and a one year high of $52.78. The stock has a market cap of $4.72 billion, a price-to-earnings ratio of 19.05 and a beta of 1.02.

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.