BluePointe Capital Management LLC Purchases 6,449 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

BluePointe Capital Management LLC increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 126,572 shares of the company’s stock after buying an additional 6,449 shares during the period. Fidelity High Dividend ETF accounts for 4.2% of BluePointe Capital Management LLC’s portfolio, making the stock its 5th largest holding. BluePointe Capital Management LLC owned 0.22% of Fidelity High Dividend ETF worth $6,411,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Octavia Wealth Advisors LLC grew its holdings in Fidelity High Dividend ETF by 0.9% during the third quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock valued at $1,213,000 after purchasing an additional 222 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in Fidelity High Dividend ETF by 5.1% during the third quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock valued at $272,000 after purchasing an additional 260 shares during the last quarter. FSC Wealth Advisors LLC grew its holdings in Fidelity High Dividend ETF by 2.6% during the second quarter. FSC Wealth Advisors LLC now owns 11,467 shares of the company’s stock valued at $536,000 after purchasing an additional 293 shares during the last quarter. MWA Asset Management grew its holdings in Fidelity High Dividend ETF by 3.4% during the second quarter. MWA Asset Management now owns 11,998 shares of the company’s stock valued at $561,000 after purchasing an additional 398 shares during the last quarter. Finally, Pathway Financial Advisers LLC grew its holdings in Fidelity High Dividend ETF by 1.2% during the second quarter. Pathway Financial Advisers LLC now owns 45,687 shares of the company’s stock valued at $2,133,000 after purchasing an additional 555 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 0.3 %

Shares of Fidelity High Dividend ETF stock opened at $51.56 on Friday. The company’s fifty day simple moving average is $50.62 and its 200-day simple moving average is $48.52. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1 year low of $39.52 and a 1 year high of $52.17.

Fidelity High Dividend ETF 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.