Regimen Wealth LLC Sells 91,475 Shares of Fidelity High Dividend ETF $FDVV

Regimen Wealth LLC trimmed its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 25.1% in the first quarter, HoldingsChannel reports. The firm owned 273,397 shares of the company’s stock after selling 91,475 shares during the period. Fidelity High Dividend ETF makes up about 4.4% of Regimen Wealth LLC’s portfolio, making the stock its 8th biggest holding. Regimen Wealth LLC’s holdings in Fidelity High Dividend ETF were worth $15,102,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Vision Retirement LLC purchased a new stake in Fidelity High Dividend ETF in the 1st quarter valued at approximately $177,000. Spartan Wealth Advisory Services LLC purchased a new position in Fidelity High Dividend ETF during the first quarter worth $635,000. Crescent Grove Advisors LLC increased its position in Fidelity High Dividend ETF by 24.6% during the first quarter. Crescent Grove Advisors LLC now owns 9,179 shares of the company’s stock worth $507,000 after buying an additional 1,812 shares in the last quarter. Cornerstone Planning Group LLC raised its holdings in shares of Fidelity High Dividend ETF by 2,182.4% in the first quarter. Cornerstone Planning Group LLC now owns 18,624 shares of the company’s stock worth $1,094,000 after acquiring an additional 17,808 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of Fidelity High Dividend ETF by 260.7% in the first quarter. Assetmark Inc. now owns 7,221 shares of the company’s stock worth $399,000 after acquiring an additional 5,219 shares during the last quarter.

Fidelity High Dividend ETF Stock Down 0.8%

Shares of NYSEARCA:FDVV opened at $62.16 on Friday. Fidelity High Dividend ETF has a 52-week low of $52.86 and a 52-week high of $62.71. The stock’s fifty day simple moving average is $60.86 and its 200-day simple moving average is $58.76. The company has a market capitalization of $10.02 billion, a P/E ratio of 17.18 and a beta of 0.86.

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.