Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Sold by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group trimmed its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,677 shares of the company’s stock after selling 198 shares during the period. Rehmann Capital Advisory Group’s holdings in Fidelity High Dividend ETF were worth $338,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF during the third quarter valued at about $25,000. Hantz Financial Services Inc. acquired a new position in Fidelity High Dividend ETF in the 2nd quarter worth approximately $51,000. Glass Jacobson Investment Advisors llc purchased a new position in Fidelity High Dividend ETF during the 3rd quarter worth approximately $75,000. ICA Group Wealth Management LLC raised its stake in Fidelity High Dividend ETF by 105.5% during the 2nd quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after purchasing an additional 1,555 shares during the period. Finally, Larson Financial Group LLC raised its stake in Fidelity High Dividend ETF by 6,777.4% during the 2nd quarter. Larson Financial Group LLC now owns 4,264 shares of the company’s stock valued at $199,000 after purchasing an additional 4,202 shares during the period.

Fidelity High Dividend ETF Stock Down 0.4 %

Shares of Fidelity High Dividend ETF stock opened at $51.28 on Friday. Fidelity High Dividend ETF has a 12 month low of $40.89 and a 12 month high of $52.78. The stock has a market cap of $2.96 billion, a PE ratio of 11.51 and a beta of 0.82. The business has a fifty day simple moving average of $51.50 and a 200-day simple moving average of $49.42.

Fidelity High Dividend ETF 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.