Unique Wealth LLC Acquires 64,712 Shares of Fidelity High Dividend ETF $FDVV

Unique Wealth LLC increased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 104.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 126,493 shares of the company’s stock after purchasing an additional 64,712 shares during the period. Fidelity High Dividend ETF makes up about 1.0% of Unique Wealth LLC’s holdings, making the stock its 25th biggest position. Unique Wealth LLC’s holdings in Fidelity High Dividend ETF were worth $6,987,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the business. Federation des caisses Desjardins du Quebec bought a new position in shares of Fidelity High Dividend ETF during the 4th quarter worth approximately $25,000. Monetary Solutions Ltd bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at $26,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the 2nd quarter valued at $27,000. Optima Capital LLC acquired a new position in shares of Fidelity High Dividend ETF during the 4th quarter valued at $33,000. Finally, Dunhill Financial LLC bought a new position in Fidelity High Dividend ETF during the fourth quarter worth $41,000.

Fidelity High Dividend ETF Trading Down 0.8%

NYSEARCA:FDVV opened at $59.97 on Friday. Fidelity High Dividend ETF has a 12 month low of $51.41 and a 12 month high of $62.06. The stock has a market capitalization of $9.33 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The firm has a fifty day simple moving average of $60.02 and a two-hundred day simple moving average of $58.25.

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.