46,262 Fidelity High Dividend ETF $FDVV Shares Bought by Childress Capital Advisors LLC

Childress Capital Advisors LLC lifted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 7.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 707,299 shares of the company’s stock after acquiring an additional 46,262 shares during the quarter. Fidelity High Dividend ETF comprises approximately 6.7% of Childress Capital Advisors LLC’s portfolio, making the stock its largest position. Childress Capital Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $42,954,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. D.A. Davidson & CO. purchased a new position in Fidelity High Dividend ETF in the 3rd quarter worth approximately $18,322,000. Graham Capital Wealth Management LLC lifted its position in shares of Fidelity High Dividend ETF by 17.2% during the third quarter. Graham Capital Wealth Management LLC now owns 4,295 shares of the company’s stock worth $261,000 after purchasing an additional 631 shares in the last quarter. Latitude Advisors LLC acquired a new position in shares of Fidelity High Dividend ETF during the third quarter worth $314,000. Investment Advisory Services Inc. TX ADV acquired a new position in shares of Fidelity High Dividend ETF during the third quarter worth $8,977,000. Finally, Foresight Capital Management Advisors Inc. purchased a new position in shares of Fidelity High Dividend ETF in the third quarter valued at $4,387,000.

Fidelity High Dividend ETF Trading Up 0.8%

FDVV opened at $62.91 on Friday. The company has a fifty day simple moving average of $62.22 and a 200 day simple moving average of $60.22. The firm has a market cap of $10.58 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a twelve month low of $53.77 and a twelve month high of $64.54.

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.