Fdvv stock price has maintained a steady range despite

FDVV stock price has maintained a steady range despite broader market pullbacks. Yield-focused investors are keeping an eye on the fund’s ex-dividend date in early April, which typically triggers short-term price adjustments. To seek to enhance yield, the fund also reallocates up to 40% of its sector weights from lower yielding sectors into the highest yielding sectors. As of 3/31/2024, the fund’s top overweighted sectors relative to its starting universe include Energy, Utilities, and Real Estate. FDVV carries a net expense ratio of 0.15%. The strategy’s strict requirements tend to weed out recent highflyers. Likewise, excluding the highest-yielding eligible stocks reduces the portfolio’s exposure to value traps without giving up the fund’s yield advantage over the broad market. With the FDVV stock price currently around $41.84, options market data shows increasing call activity at the $42 strike. This suggests some traders are positioning for a breakout if macro data softens inflation concerns.