Fidelity High Dividend ETF $FDVV Shares Bought by Calton & Associates Inc.

Calton & Associates Inc. grew its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 316,268 shares of the company’s stock after acquiring an additional 13,730 shares during the period. Fidelity High Dividend ETF comprises approximately 2.6% of Calton & Associates Inc.’s holdings, making the stock its 5th biggest position. Calton & Associates Inc.’s holdings in Fidelity High Dividend ETF were worth $17,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FDVV. Base Wealth Management LLC lifted its position in shares of Fidelity High Dividend ETF by 27.5% in the 4th quarter. Base Wealth Management LLC now owns 144,060 shares of the company’s stock worth $8,167,000 after buying an additional 31,041 shares during the last quarter. Savvy Advisors Inc. lifted its position in shares of Fidelity High Dividend ETF by 55.6% in the 4th quarter. Savvy Advisors Inc. now owns 50,482 shares of the company’s stock worth $2,862,000 after buying an additional 18,037 shares during the last quarter. Sovran Advisors LLC lifted its position in shares of Fidelity High Dividend ETF by 214.7% in the 4th quarter. Sovran Advisors LLC now owns 34,774 shares of the company’s stock worth $1,999,000 after buying an additional 23,725 shares during the last quarter. Childress Capital Advisors LLC lifted its position in shares of Fidelity High Dividend ETF by 4.8% in the 4th quarter. Childress Capital Advisors LLC now owns 804,703 shares of the company’s stock worth $45,619,000 after buying an additional 36,855 shares during the last quarter. Finally, Focus Financial Network Inc. bought a new position in shares of Fidelity High Dividend ETF in the 4th quarter worth about $659,000.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock opened at $61.65 on Wednesday. The firm’s 50-day moving average is $58.14 and its 200-day moving average is $57.66. Fidelity High Dividend ETF has a 1 year low of $50.36 and a 1 year high of $61.79. The company has a market cap of $9.59 billion, a P/E ratio of 17.18 and a beta of 0.86.

About Fidelity High Dividend ETF

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.