NewEdge Advisors LLC Has $4.37 Million Stake in Fidelity High Dividend ETF $FDVV

NewEdge Advisors LLC lowered its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 20.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 79,140 shares of the company’s stock after selling 20,170 shares during the quarter. NewEdge Advisors LLC owned approximately 0.05% of Fidelity High Dividend ETF worth $4,372,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Smithfield Trust Co lifted its stake in Fidelity High Dividend ETF by 2.4% in the 4th quarter. Smithfield Trust Co now owns 7,600 shares of the company’s stock valued at $431,000 after purchasing an additional 175 shares during the last quarter. Meridian Wealth Management LLC increased its holdings in shares of Fidelity High Dividend ETF by 4.5% during the fourth quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock worth $236,000 after buying an additional 179 shares in the last quarter. Harbor Asset Planning Inc. increased its holdings in shares of Fidelity High Dividend ETF by 0.8% during the first quarter. Harbor Asset Planning Inc. now owns 22,824 shares of the company’s stock worth $1,261,000 after buying an additional 182 shares in the last quarter. Sweeney & Michel LLC lifted its stake in shares of Fidelity High Dividend ETF by 1.4% in the 1st quarter. Sweeney & Michel LLC now owns 17,981 shares of the company’s stock valued at $1,034,000 after acquiring an additional 245 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in shares of Fidelity High Dividend ETF by 0.8% in the 4th quarter. Sunbelt Securities Inc. now owns 32,071 shares of the company’s stock valued at $1,818,000 after acquiring an additional 246 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 0.3%

Shares of FDVV stock opened at $62.78 on Friday. The firm has a market capitalization of $10.16 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a twelve month low of $52.86 and a twelve month high of $63.43. The stock’s fifty day simple moving average is $61.37 and its 200 day simple moving average is $59.12.

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.