Brown Lisle Cummings Inc. Grows Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Brown Lisle Cummings Inc. boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 5.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,150 shares of the company’s stock after buying an additional 500 shares during the period. Brown Lisle Cummings Inc.’s holdings in Fidelity High Dividend ETF were worth $507,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC boosted its stake in shares of Fidelity High Dividend ETF by 11.6% in the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock valued at $140,229,000 after buying an additional 287,984 shares in the last quarter. Childress Capital Advisors LLC boosted its position in shares of Fidelity High Dividend ETF by 0.4% during the 4th quarter. Childress Capital Advisors LLC now owns 762,686 shares of the company’s stock worth $38,089,000 after purchasing an additional 2,977 shares in the last quarter. McIlrath & Eck LLC grew its stake in shares of Fidelity High Dividend ETF by 14.8% during the 3rd quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock worth $29,320,000 after purchasing an additional 74,731 shares during the period. Allworth Financial LP increased its holdings in shares of Fidelity High Dividend ETF by 5.3% in the 3rd quarter. Allworth Financial LP now owns 468,637 shares of the company’s stock valued at $23,736,000 after purchasing an additional 23,565 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of Fidelity High Dividend ETF by 6.8% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 325,621 shares of the company’s stock valued at $16,493,000 after purchasing an additional 20,832 shares in the last quarter.

Fidelity High Dividend ETF Trading Down 0.7 %

FDVV stock opened at $50.15 on Tuesday. Fidelity High Dividend ETF has a 52 week low of $42.53 and a 52 week high of $52.78. The company has a market cap of $2.89 billion, a P/E ratio of 11.51 and a beta of 0.82. The company’s 50-day moving average price is $50.93 and its 200 day moving average price is $50.27.

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.