MWA Asset Management Sells 3,510 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

MWA Asset Management cut its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 37.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,923 shares of the company’s stock after selling 3,510 shares during the quarter. MWA Asset Management’s holdings in Fidelity High Dividend ETF were worth $296,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. LongView Wealth Management raised its holdings in Fidelity High Dividend ETF by 8.5% in the 3rd quarter. LongView Wealth Management now owns 13,176 shares of the company’s stock valued at $667,000 after buying an additional 1,031 shares during the last quarter. Octavia Wealth Advisors LLC increased its position in Fidelity High Dividend ETF by 0.9% in the 3rd quarter. Octavia Wealth Advisors LLC now owns 23,954 shares of the company’s stock valued at $1,213,000 after acquiring an additional 222 shares during the period. Code Waechter LLC bought a new position in shares of Fidelity High Dividend ETF during the third quarter valued at $1,112,000. Brown Miller Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the third quarter worth $476,000. Finally, Retirement Planning Group LLC grew its stake in shares of Fidelity High Dividend ETF by 12.2% in the third quarter. Retirement Planning Group LLC now owns 212,826 shares of the company’s stock worth $10,780,000 after purchasing an additional 23,114 shares during the last quarter.

Fidelity High Dividend ETF Stock Down 0.4 %

NYSEARCA FDVV opened at $50.88 on Friday. The company has a market capitalization of $2.94 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a twelve month low of $42.53 and a twelve month high of $52.78. The stock has a fifty day simple moving average of $50.79 and a 200 day simple moving average of $50.31.

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.