Fidelity High Dividend ETF $FDVV Shares Sold by Diversify Wealth Management LLC

Diversify Wealth Management LLC reduced its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 21,403 shares of the company’s stock after selling 14,014 shares during the period. Diversify Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $1,251,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Citizens Financial Group Inc. RI grew its position in shares of Fidelity High Dividend ETF by 2.6% in the first quarter. Citizens Financial Group Inc. RI now owns 111,225 shares of the company’s stock valued at $6,144,000 after purchasing an additional 2,779 shares during the last quarter. Fifth Third Bancorp lifted its stake in Fidelity High Dividend ETF by 1,802.0% in the 1st quarter. Fifth Third Bancorp now owns 1,902 shares of the company’s stock valued at $105,000 after buying an additional 1,802 shares in the last quarter. Ball & Co Wealth Management Inc. grew its holdings in Fidelity High Dividend ETF by 5.6% during the 1st quarter. Ball & Co Wealth Management Inc. now owns 8,706 shares of the company’s stock valued at $480,000 after buying an additional 461 shares during the last quarter. Kestra Advisory Services LLC increased its position in Fidelity High Dividend ETF by 16.6% during the first quarter. Kestra Advisory Services LLC now owns 1,077,418 shares of the company’s stock worth $59,517,000 after buying an additional 153,640 shares in the last quarter. Finally, Clearwave Capital LLC raised its holdings in shares of Fidelity High Dividend ETF by 5.3% in the first quarter. Clearwave Capital LLC now owns 74,649 shares of the company’s stock worth $4,124,000 after acquiring an additional 3,772 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 0.4%

Shares of NYSEARCA:FDVV opened at $62.29 on Thursday. The company has a market capitalization of $10.04 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 52-week low of $52.48 and a 52-week high of $62.47. The stock’s fifty day simple moving average is $60.74 and its 200-day simple moving average is $58.70.

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.