Fidelity High Dividend ETF (NYSEARCA:FDVV) Stake Increased by Childress Capital Advisors LLC

Childress Capital Advisors LLC boosted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 762,686 shares of the company’s stock after acquiring an additional 2,977 shares during the period. Fidelity High Dividend ETF accounts for about 10.6% of Childress Capital Advisors LLC’s investment portfolio, making the stock its largest position. Childress Capital Advisors LLC owned about 1.32% of Fidelity High Dividend ETF worth $38,089,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FDVV. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $25,000. Glass Jacobson Investment Advisors llc acquired a new stake in Fidelity High Dividend ETF during the 3rd quarter valued at approximately $75,000. Baker Avenue Asset Management LP acquired a new stake in shares of Fidelity High Dividend ETF during the third quarter worth approximately $205,000. Daymark Wealth Partners LLC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth about $206,000. Finally, Ellis Investment Partners LLC bought a new position in Fidelity High Dividend ETF during the 3rd quarter worth approximately $209,000.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA:FDVV opened at $50.15 on Tuesday. Fidelity High Dividend ETF has a 1-year low of $42.53 and a 1-year high of $52.78. The company’s fifty day moving average is $50.93 and its two-hundred day moving average is $50.27. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.