Sage Investment Counsel LLC Acquires New Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Sage Investment Counsel LLC acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 5,112 shares of the company’s stock, valued at approximately $255,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $25,000. Roxbury Financial LLC acquired a new position in Fidelity High Dividend ETF during the fourth quarter valued at approximately $62,000. Glass Jacobson Investment Advisors llc acquired a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $75,000. Archer Investment Corp acquired a new position in Fidelity High Dividend ETF during the fourth quarter valued at approximately $98,000. Finally, Avion Wealth acquired a new position in Fidelity High Dividend ETF during the fourth quarter valued at approximately $128,000.

Fidelity High Dividend ETF Stock Up 1.1 %

Shares of FDVV stock opened at $51.42 on Friday. Fidelity High Dividend ETF has a 12 month low of $43.34 and a 12 month high of $52.78. The business’s 50 day moving average is $50.83 and its two-hundred day moving average is $50.75. The company has a market cap of $2.97 billion, a PE ratio of 11.51 and a beta of 0.82.

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.