Prentice Wealth Management LLC lowered its position in Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 9.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 236,547 shares of the company’s stock after selling 23,699 shares during the quarter. Fidelity High Dividend ETF comprises approximately 2.9% of Prentice Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding. Prentice Wealth Management LLC owned 0.15% of Fidelity High Dividend ETF worth $13,067,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in the business. Federation des caisses Desjardins du Quebec bought a new position in Fidelity High Dividend ETF in the 4th quarter worth approximately $25,000. Monetary Solutions Ltd bought a new stake in Fidelity High Dividend ETF during the 4th quarter valued at $26,000. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the 2nd quarter worth $27,000. Optima Capital LLC acquired a new position in Fidelity High Dividend ETF during the 4th quarter worth $33,000. Finally, Dunhill Financial LLC bought a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth $41,000.
Fidelity High Dividend ETF Stock Performance
NYSEARCA:FDVV opened at $60.44 on Wednesday. The stock has a market cap of $9.40 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1 year low of $51.16 and a 1 year high of $62.06. The business has a fifty day moving average of $59.91 and a 200-day moving average of $58.21.
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.
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