66,247 Fidelity High Dividend ETF $FDVV Shares Sold by Sculati Wealth Management LLC

Sculati Wealth Management LLC lowered its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 35.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 119,973 shares of the company’s stock after selling 66,247 shares during the period. Fidelity High Dividend ETF makes up approximately 2.3% of Sculati Wealth Management LLC’s portfolio, making the stock its 12th largest position. Sculati Wealth Management LLC owned approximately 0.07% of Fidelity High Dividend ETF worth $7,423,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Optivise Advisory Services LLC increased its holdings in shares of Fidelity High Dividend ETF by 5.6% in the 3rd quarter. Optivise Advisory Services LLC now owns 8,165 shares of the company’s stock worth $496,000 after purchasing an additional 433 shares in the last quarter. Clark Wealth Partners raised its stake in shares of Fidelity High Dividend ETF by 2.5% in the third quarter. Clark Wealth Partners now owns 245,248 shares of the company’s stock worth $14,894,000 after purchasing an additional 6,088 shares during the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of Fidelity High Dividend ETF by 3.6% in the third quarter. Brown Lisle Cummings Inc. now owns 10,155 shares of the company’s stock worth $617,000 after purchasing an additional 350 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Fidelity High Dividend ETF by 5.9% during the third quarter. IFP Advisors Inc now owns 278,832 shares of the company’s stock valued at $16,933,000 after purchasing an additional 15,498 shares in the last quarter. Finally, Fiscal Wisdom Wealth Management LLC lifted its holdings in shares of Fidelity High Dividend ETF by 18.6% during the third quarter. Fiscal Wisdom Wealth Management LLC now owns 5,353 shares of the company’s stock valued at $325,000 after purchasing an additional 840 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA:FDVV traded down $0.21 during midday trading on Monday, reaching $61.47. 275,469 shares of the company’s stock traded hands, compared to its average volume of 855,285. Fidelity High Dividend ETF has a one year low of $53.77 and a one year high of $64.54. The company has a market cap of $10.31 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The stock has a 50 day moving average of $62.51 and a 200 day moving average of $61.08.

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.