Slagle Financial LLC Grows Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Slagle Financial LLC boosted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,386 shares of the company’s stock after acquiring an additional 7,725 shares during the period. Fidelity High Dividend ETF accounts for 2.1% of Slagle Financial LLC’s holdings, making the stock its 14th biggest position. Slagle Financial LLC owned 0.16% of Fidelity High Dividend ETF worth $4,664,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in shares of Fidelity High Dividend ETF by 27.1% in the third quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock valued at $12,468,000 after buying an additional 52,434 shares during the last quarter. Kingswood Wealth Advisors LLC raised its holdings in Fidelity High Dividend ETF by 14.3% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 6,400 shares of the company’s stock valued at $320,000 after acquiring an additional 803 shares in the last quarter. HighTower Advisors LLC lifted its holdings in Fidelity High Dividend ETF by 29.9% during the 3rd quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after buying an additional 3,801 shares during the last quarter. Janney Montgomery Scott LLC increased its stake in Fidelity High Dividend ETF by 4.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 33,467 shares of the company’s stock valued at $1,671,000 after purchasing an additional 1,439 shares during the last quarter. Finally, FMR LLC lifted its position in Fidelity High Dividend ETF by 4.7% in the third quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after acquiring an additional 3,620 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 0.4 %

Shares of FDVV opened at $49.70 on Friday. 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 $4.69 billion, a PE ratio of 17.44 and a beta of 1.02. The company’s 50 day simple moving average is $50.77 and its 200-day simple moving average is $50.83.

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.