Brown Miller Wealth Management LLC Sells 500 Shares of Fidelity High Dividend ETF $FDVV

Brown Miller Wealth Management LLC trimmed its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,600 shares of the company’s stock after selling 500 shares during the quarter. Brown Miller Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $447,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. IMA Advisory Services Inc. acquired a new position in shares of Fidelity High Dividend ETF in the 1st quarter worth approximately $28,000. Iron Horse Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the first quarter worth $34,000. Creekmur Asset Management LLC acquired a new position in Fidelity High Dividend ETF in the first quarter worth $35,000. Bogart Wealth LLC grew its holdings in shares of Fidelity High Dividend ETF by 299.5% during the first quarter. Bogart Wealth LLC now owns 803 shares of the company’s stock worth $40,000 after purchasing an additional 602 shares during the last quarter. Finally, Private Trust Co. NA acquired a new stake in shares of Fidelity High Dividend ETF in the first quarter valued at $45,000.

Fidelity High Dividend ETF Stock Up 0.5%

Fidelity High Dividend ETF stock opened at $56.00 on Friday. The stock has a 50-day simple moving average of $54.88 and a 200 day simple moving average of $51.68. The stock has a market capitalization of $7.17 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01. Fidelity High Dividend ETF has a 12-month low of $42.81 and a 12-month high of $56.20.

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.