Fullerton Advisors LLC Acquires Shares of 86,895 Fidelity High Dividend ETF $FDVV

Fullerton Advisors LLC acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, Holdings Channel reports. The firm acquired 86,895 shares of the company’s stock, valued at approximately $4,926,000. Fidelity High Dividend ETF accounts for approximately 4.9% of Fullerton Advisors LLC’s holdings, making the stock its 7th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. Darwin Wealth Management LLC acquired a new stake in Fidelity High Dividend ETF during the second quarter valued at approximately $27,000. Optima Capital LLC acquired a new stake in Fidelity High Dividend ETF during the fourth quarter valued at approximately $33,000. Oakworth Capital Inc. boosted its holdings in Fidelity High Dividend ETF by 427.5% during the third quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock valued at $38,000 after purchasing an additional 560 shares in the last quarter. Dunhill Financial LLC acquired a new stake in Fidelity High Dividend ETF during the fourth quarter valued at approximately $41,000. Finally, Cornerstone Planning Group LLC boosted its holdings in Fidelity High Dividend ETF by 641.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 816 shares of the company’s stock valued at $47,000 after purchasing an additional 706 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $59.11 on Monday. The stock’s 50 day moving average is $57.24 and its two-hundred day moving average is $57.08. The company has a market capitalization of $9.19 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1-year low of $48.02 and a 1-year high of $60.12.

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.