Calton & Associates Inc. Cuts Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Calton & Associates Inc. lessened its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 24.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,853 shares of the company’s stock after selling 10,242 shares during the period. Calton & Associates Inc. owned approximately 0.06% of Fidelity High Dividend ETF worth $1,591,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FDVV. Commonwealth Equity Services LLC lifted its stake in shares of Fidelity High Dividend ETF by 11.6% during the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock worth $140,229,000 after buying an additional 287,984 shares during the period. Systelligence LLC acquired a new stake in Fidelity High Dividend ETF during the 3rd quarter worth about $14,355,000. Childress Capital Advisors LLC grew its stake in Fidelity High Dividend ETF by 38.5% during the 3rd quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock valued at $38,479,000 after purchasing an additional 211,267 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Fidelity High Dividend ETF by 41.2% in the second quarter. Cetera Investment Advisers now owns 543,198 shares of the company’s stock valued at $25,411,000 after purchasing an additional 158,465 shares during the period. Finally, Dentgroup LLC purchased a new position in shares of Fidelity High Dividend ETF in the third quarter worth about $6,463,000.

Fidelity High Dividend ETF Stock Up 0.4 %

Fidelity High Dividend ETF stock opened at $50.91 on Friday. The stock has a 50-day moving average price of $50.99 and a 200 day moving average price of $50.23. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 52 week low of $42.53 and a 52 week high of $52.78.

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.