FSC Wealth Advisors LLC Has $550,000 Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

FSC Wealth Advisors LLC decreased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,083 shares of the company’s stock after selling 1,276 shares during the quarter. FSC Wealth Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $550,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in FDVV. Retirement Planning Group LLC lifted its holdings in Fidelity High Dividend ETF by 595.3% during the 1st quarter. Retirement Planning Group LLC now owns 1,827,617 shares of the company’s stock valued at $90,650,000 after purchasing an additional 1,564,773 shares during the last quarter. LPL Financial LLC increased its position in Fidelity High Dividend ETF by 96.5% during the 4th quarter. LPL Financial LLC now owns 1,838,464 shares of the company’s stock worth $91,813,000 after buying an additional 902,912 shares during the period. Independent Advisor Alliance bought a new position in Fidelity High Dividend ETF during the 4th quarter worth $44,154,000. Raymond James Financial Inc. bought a new position in Fidelity High Dividend ETF during the 4th quarter worth $27,783,000. Finally, Sagespring Wealth Partners LLC bought a new position in Fidelity High Dividend ETF during the 1st quarter worth $26,651,000.

Fidelity High Dividend ETF Price Performance

FDVV stock opened at $50.78 on Friday. The stock has a market capitalization of $5.27 billion, a price-to-earnings ratio of 17.11 and a beta of 0.92. Fidelity High Dividend ETF has a fifty-two week low of $42.81 and a fifty-two week high of $52.78. The business’s fifty day moving average price is $49.39 and its two-hundred day moving average price is $49.87.

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.