Greykasell Wealth Strategies Inc. Makes New $241,000 Investment in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Greykasell Wealth Strategies Inc. purchased a new position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the fourth quarter, HoldingsChannel reports. The fund purchased 4,835 shares of the company’s stock, valued at approximately $241,000.

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

Fidelity High Dividend ETF Trading Up 1.8 %

Shares of NYSEARCA FDVV opened at $49.72 on Friday. The company has a fifty day moving average price of $50.77 and a 200 day moving average price of $50.81. The firm has a market cap of $4.72 billion, a PE ratio of 19.05 and a beta of 1.02. Fidelity High Dividend ETF has a 1-year low of $43.34 and a 1-year high of $52.78.

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.