RCS Financial Planning LLC Invests $570,000 in Fidelity High Dividend ETF $FDVV

RCS Financial Planning LLC acquired a new stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 10,310 shares of the company’s stock, valued at approximately $570,000.

A number of other institutional investors have also made changes to their positions in the stock. Smithfield Trust Co grew its holdings in Fidelity High Dividend ETF by 2.4% during the fourth quarter. Smithfield Trust Co now owns 7,600 shares of the company’s stock valued at $431,000 after purchasing an additional 175 shares during the last quarter. Meridian Wealth Management LLC boosted its holdings in shares of Fidelity High Dividend ETF by 4.5% during the 4th quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock worth $236,000 after buying an additional 179 shares during the period. Sweeney & Michel LLC boosted its holdings in shares of Fidelity High Dividend ETF by 1.4% during the 1st quarter. Sweeney & Michel LLC now owns 17,981 shares of the company’s stock worth $1,034,000 after buying an additional 245 shares during the period. Sunbelt Securities Inc. grew its stake in Fidelity High Dividend ETF by 0.8% in the 4th quarter. Sunbelt Securities Inc. now owns 32,071 shares of the company’s stock valued at $1,818,000 after buying an additional 246 shares during the last quarter. Finally, Essex Financial Services Inc. grew its stake in Fidelity High Dividend ETF by 0.3% in the 4th quarter. Essex Financial Services Inc. now owns 83,170 shares of the company’s stock valued at $4,715,000 after buying an additional 282 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $59.97 on Friday. The company has a market capitalization of $9.33 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a one year low of $51.41 and a one year high of $62.06. The company’s fifty day moving average price is $60.02 and its 200 day moving average price is $58.25.

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.