Lineweaver Wealth Advisors LLC Sells 814 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Lineweaver Wealth Advisors LLC lessened its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,903 shares of the company’s stock after selling 814 shares during the quarter. Fidelity High Dividend ETF comprises 1.1% of Lineweaver Wealth Advisors LLC’s investment portfolio, making the stock its 23rd largest position. Lineweaver Wealth Advisors LLC owned about 0.21% of Fidelity High Dividend ETF worth $5,938,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Darwin Wealth Management LLC bought a new stake in Fidelity High Dividend ETF during the third quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new stake in shares of Fidelity High Dividend ETF during the 4th quarter valued at $62,000. Glass Jacobson Investment Advisors llc bought a new stake in shares of Fidelity High Dividend ETF during the 3rd quarter worth $75,000. Archer Investment Corp bought a new position in Fidelity High Dividend ETF in the fourth quarter valued at $98,000. Finally, Avion Wealth purchased a new stake in Fidelity High Dividend ETF during the fourth quarter valued at about $128,000.

Fidelity High Dividend ETF Stock Down 0.4 %

Shares of FDVV stock opened at $51.29 on Thursday. The business has a 50-day moving average price of $50.77 and a two-hundred day moving average price of $50.72. Fidelity High Dividend ETF has a 12-month low of $43.34 and a 12-month high of $52.78. The firm has a market cap of $2.96 billion, a P/E ratio of 11.51 and a beta of 0.82.

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.