Fdvv stock price edged up to $41

FDVV stock price edged up to $41.92 at mid-day, supported by stronger-than-expected earnings in some of its top holdings. The ETF’s beta remains under 1.0, indicating lower-than-market volatility, which could draw risk-averse investors in the current macroeconomic backdrop. The Fidelity High Dividend ETF (NYSEMKT: FDVV) is an exchange-traded fund (ETF), a fund that trades like a stock. It tracks the Fidelity High Dividend Index, which is focused on "large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends." Cost is an advantage. The fund’s annual turnover ratio ranked in the large-value category’s best quartile for 10 straight years, requiring low trading costs that erode returns. Its annual expense ratio ranks in the category’s cheapest quintile. That gives it a lower hurdle than most to beat the category index. Long-term charts show FDVV stock price trending higher since early Q1, supported by robust dividend distribution and consistent income stream. Analysts are projecting a potential move toward $43 over the next quarter if macro conditions remain stable.