McGlone Suttner Wealth Management Inc. Raises Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

McGlone Suttner Wealth Management Inc. raised its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 109,401 shares of the company’s stock after purchasing an additional 9,418 shares during the period. Fidelity High Dividend ETF accounts for approximately 0.9% of McGlone Suttner Wealth Management Inc.’s holdings, making the stock its 16th biggest position. McGlone Suttner Wealth Management Inc. owned 0.27% of Fidelity High Dividend ETF worth $4,625,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Core Wealth Advisors Inc. lifted its stake in Fidelity High Dividend ETF by 2.5% in the third quarter. Core Wealth Advisors Inc. now owns 11,153 shares of the company’s stock worth $430,000 after purchasing an additional 269 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Fidelity High Dividend ETF by 2.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,268 shares of the company’s stock worth $420,000 after buying an additional 277 shares during the period. FSC Wealth Advisors LLC lifted its position in Fidelity High Dividend ETF by 7.0% during the third quarter. FSC Wealth Advisors LLC now owns 4,336 shares of the company’s stock valued at $167,000 after purchasing an additional 283 shares during the period. Gladstone Institutional Advisory LLC increased its holdings in Fidelity High Dividend ETF by 1.2% in the first quarter. Gladstone Institutional Advisory LLC now owns 27,382 shares of the company’s stock valued at $1,043,000 after buying an additional 322 shares in the last quarter. Finally, Baird Financial Group Inc. increased its holdings in Fidelity High Dividend ETF by 4.8% in the third quarter. Baird Financial Group Inc. now owns 7,442 shares of the company’s stock valued at $246,000 after buying an additional 339 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock traded up $0.20 during trading hours on Thursday, hitting $45.38. The company had a trading volume of 227,188 shares, compared to its average volume of 283,956. The company’s fifty day moving average is $43.80 and its 200 day moving average is $41.37. Fidelity High Dividend ETF has a fifty-two week low of $36.94 and a fifty-two week high of $45.42. The stock has a market capitalization of $1.84 billion, a PE ratio of 10.36 and a beta of 1.01.

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.