Fidelity High Dividend ETF $FDVV Shares Sold by Allworth Financial LP

Allworth Financial LP lowered its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 7.6% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 586,977 shares of the company’s stock after selling 48,586 shares during the period. Allworth Financial LP’s holdings in Fidelity High Dividend ETF were worth $35,389,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. North Star Asset Management Inc. acquired a new stake in shares of Fidelity High Dividend ETF during the fourth quarter valued at about $482,000. Blue Water Asset Management purchased a new stake in Fidelity High Dividend ETF during the 4th quarter worth about $805,000. Rooted Wealth Advisors Inc. acquired a new stake in Fidelity High Dividend ETF in the fourth quarter valued at approximately $12,209,000. Gaddis Premier Wealth Advisors LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at $660,000. Finally, RCS Financial Planning LLC acquired a new position in shares of Fidelity High Dividend ETF during the 1st quarter worth about $570,000.

Fidelity High Dividend ETF Stock Down 0.7%

Fidelity High Dividend ETF stock traded down $0.42 during mid-day trading on Tuesday, hitting $63.02. The company had a trading volume of 724,958 shares, compared to its average volume of 890,842. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1 year low of $53.77 and a 1 year high of $64.54. The business has a fifty day moving average of $62.77 and a 200 day moving average of $60.11.

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.