Childress Capital Advisors LLC Sells 148,663 Shares of Fidelity High Dividend ETF $FDVV

Childress Capital Advisors LLC decreased its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 18.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 656,040 shares of the company’s stock after selling 148,663 shares during the period. Fidelity High Dividend ETF makes up about 6.5% of Childress Capital Advisors LLC’s portfolio, making the stock its biggest position. Childress Capital Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $36,240,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of FDVV. Base Wealth Management LLC boosted its stake in shares of Fidelity High Dividend ETF by 27.5% in the 4th quarter. Base Wealth Management LLC now owns 144,060 shares of the company’s stock valued at $8,167,000 after purchasing an additional 31,041 shares in the last quarter. North Star Asset Management Inc. acquired a new position in Fidelity High Dividend ETF during the 4th quarter worth approximately $482,000. Sovran Advisors LLC lifted its stake in Fidelity High Dividend ETF by 214.7% in the 4th quarter. Sovran Advisors LLC now owns 34,774 shares of the company’s stock valued at $1,999,000 after purchasing an additional 23,725 shares during the last quarter. Savvy Advisors Inc. lifted its stake in Fidelity High Dividend ETF by 55.6% in the 4th quarter. Savvy Advisors Inc. now owns 50,482 shares of the company’s stock valued at $2,862,000 after purchasing an additional 18,037 shares during the last quarter. Finally, Focus Financial Network Inc. acquired a new stake in Fidelity High Dividend ETF in the fourth quarter valued at approximately $659,000.

Fidelity High Dividend ETF Stock Performance

NYSEARCA FDVV opened at $61.83 on Wednesday. The firm’s fifty day moving average price is $60.37 and its two-hundred day moving average price is $58.48. The stock has a market cap of $9.99 billion, a PE ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a fifty-two week low of $52.48 and a fifty-two week high of $62.06.

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.