Fidelity High Dividend ETF $FDVV Shares Sold by Dentgroup LLC

Dentgroup LLC cut its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 150,578 shares of the company’s stock after selling 648 shares during the quarter. Fidelity High Dividend ETF comprises 5.4% of Dentgroup LLC’s holdings, making the stock its 3rd biggest position. Dentgroup LLC owned approximately 0.14% of Fidelity High Dividend ETF worth $7,833,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. HBW Advisory Services LLC grew its position in shares of Fidelity High Dividend ETF by 35.0% in the 2nd quarter. HBW Advisory Services LLC now owns 55,256 shares of the company’s stock valued at $2,874,000 after purchasing an additional 14,325 shares during the period. Rainier Family Wealth Inc. bought a new stake in Fidelity High Dividend ETF in the 1st quarter valued at approximately $1,108,000. Nova Wealth Management Inc. lifted its stake in Fidelity High Dividend ETF by 1,457.0% in the 1st quarter. Nova Wealth Management Inc. now owns 1,557 shares of the company’s stock valued at $77,000 after acquiring an additional 1,457 shares in the last quarter. Wealth Management Associates Inc. lifted its stake in Fidelity High Dividend ETF by 2.6% in the 1st quarter. Wealth Management Associates Inc. now owns 8,937 shares of the company’s stock valued at $443,000 after acquiring an additional 230 shares in the last quarter. Finally, Schmidt P J Investment Management Inc. lifted its stake in Fidelity High Dividend ETF by 13.4% in the 1st quarter. Schmidt P J Investment Management Inc. now owns 22,832 shares of the company’s stock valued at $1,132,000 after acquiring an additional 2,698 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $55.50 on Friday. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01. The stock’s 50 day moving average price is $54.21 and its two-hundred day moving average price is $51.11. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $55.63.

Fidelity High Dividend ETF 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.