Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Sold by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group decreased its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 14.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,692 shares of the company’s stock after selling 985 shares during the quarter. Rehmann Capital Advisory Group’s holdings in Fidelity High Dividend ETF were worth $284,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of FDVV. Synovus Financial Corp acquired a new stake in shares of Fidelity High Dividend ETF during the third quarter worth $332,000. JPMorgan Chase & Co. increased its stake in Fidelity High Dividend ETF by 27.1% in 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 in the last quarter. Dentgroup LLC raised its holdings in Fidelity High Dividend ETF by 32.9% during the 4th quarter. Dentgroup LLC now owns 169,573 shares of the company’s stock worth $8,468,000 after buying an additional 41,974 shares during the period. International Assets Investment Management LLC purchased a new stake in Fidelity High Dividend ETF during the fourth quarter valued at about $1,223,000. Finally, HBW Advisory Services LLC boosted its holdings in shares of Fidelity High Dividend ETF by 7.0% in the fourth quarter. HBW Advisory Services LLC now owns 50,518 shares of the company’s stock worth $2,523,000 after buying an additional 3,296 shares during the period.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $48.74 on Friday. The company has a market cap of $4.77 billion, a P/E ratio of 16.43 and a beta of 0.93. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $52.78. The firm’s 50 day simple moving average is $48.39 and its 200-day simple moving average is $50.20.

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.