Fidelity High Dividend ETF (NYSEARCA:FDVV) Stock Position Decreased by Compass Ion Advisors LLC

Compass Ion Advisors LLC lowered its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 7.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,093 shares of the company’s stock after selling 347 shares during the period. Compass Ion Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $204,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of Fidelity High Dividend ETF by 27.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock worth $12,468,000 after purchasing an additional 52,434 shares during the period. Kingswood Wealth Advisors LLC increased its position in Fidelity High Dividend ETF by 14.3% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 6,400 shares of the company’s stock worth $320,000 after buying an additional 803 shares during the period. HighTower Advisors LLC increased its position in Fidelity High Dividend ETF by 29.9% in the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after buying an additional 3,801 shares during the period. Janney Montgomery Scott LLC lifted its stake in Fidelity High Dividend ETF by 4.5% in the fourth quarter. Janney Montgomery Scott LLC now owns 33,467 shares of the company’s stock valued at $1,671,000 after buying an additional 1,439 shares during the last quarter. Finally, FMR LLC boosted its holdings in shares of Fidelity High Dividend ETF by 4.7% during the third quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after acquiring an additional 3,620 shares during the period.

Fidelity High Dividend ETF Stock Up 0.6 %

FDVV stock opened at $50.37 on Thursday. The stock has a market cap of $4.75 billion, a PE ratio of 17.44 and a beta of 1.02. The firm’s 50-day simple moving average is $50.77 and its 200 day simple moving average is $50.82. Fidelity High Dividend ETF has a fifty-two week low of $43.34 and a fifty-two week high of $52.78.

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.