Fidelity High Dividend ETF $FDVV Shares Sold by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC trimmed its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 96.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,437 shares of the company’s stock after selling 108,005 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in Fidelity High Dividend ETF were worth $191,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in FDVV. Assetmark Inc. raised its holdings in Fidelity High Dividend ETF by 80.5% during the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after purchasing an additional 211 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in shares of Fidelity High Dividend ETF during the 2nd quarter valued at $27,000. MB Levis & Associates LLC bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth $28,000. Evermay Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth $31,000. Finally, TD Waterhouse Canada Inc. acquired a new stake in shares of Fidelity High Dividend ETF in the second quarter valued at $32,000.

Fidelity High Dividend ETF Stock Up 0.0%

NYSEARCA:FDVV opened at $58.14 on Friday. The business’s 50-day moving average price is $57.04 and its 200 day moving average price is $55.76. Fidelity High Dividend ETF has a 52-week low of $42.81 and a 52-week high of $58.36. The firm has a market cap of $8.45 billion, a P/E ratio of 17.18 and a beta of 0.92.

About Fidelity High Dividend ETF

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.