Brooklyn Investment Group Sells 3,238 Shares of Fidelity High Dividend ETF $FDVV

Brooklyn Investment Group reduced its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 53.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,826 shares of the company’s stock after selling 3,238 shares during the quarter. Brooklyn Investment Group’s holdings in Fidelity High Dividend ETF were worth $140,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Commonwealth Equity Services LLC lifted its stake in Fidelity High Dividend ETF by 10.4% in the first quarter. Commonwealth Equity Services LLC now owns 3,438,466 shares of the company’s stock worth $170,548,000 after acquiring an additional 324,452 shares during the period. LPL Financial LLC raised its holdings in Fidelity High Dividend ETF by 19.7% in the 1st quarter. LPL Financial LLC now owns 2,200,888 shares of the company’s stock worth $109,164,000 after purchasing an additional 362,424 shares in the last quarter. Retirement Planning Group LLC raised its holdings in Fidelity High Dividend ETF by 595.3% in the 1st quarter. Retirement Planning Group LLC now owns 1,827,617 shares of the company’s stock worth $90,650,000 after purchasing an additional 1,564,773 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Fidelity High Dividend ETF by 20.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,361,393 shares of the company’s stock worth $67,525,000 after purchasing an additional 232,467 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Fidelity High Dividend ETF by 18.6% during the 4th quarter. Bank of America Corp DE now owns 1,240,933 shares of the company’s stock valued at $61,972,000 after purchasing an additional 194,782 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $54.61 on Thursday. Fidelity High Dividend ETF has a 1 year low of $42.81 and a 1 year high of $54.89. The company’s 50-day moving average is $53.07 and its 200 day moving average is $50.69. The stock has a market capitalization of $6.26 billion, a P/E ratio of 17.18 and a beta of 1.01.

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.