Fidelity High Dividend ETF $FDVV Shares Acquired by Uptick Partners LLC

Uptick Partners LLC increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 15.8% in the first quarter, Holdings Channel reports. The institutional investor owned 59,316 shares of the company’s stock after acquiring an additional 8,108 shares during the quarter. Uptick Partners LLC’s holdings in Fidelity High Dividend ETF were worth $3,277,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FDVV. Base Wealth Management LLC grew its holdings in Fidelity High Dividend ETF by 27.5% during the 4th quarter. Base Wealth Management LLC now owns 144,060 shares of the company’s stock worth $8,167,000 after acquiring an additional 31,041 shares in the last quarter. North Star Asset Management Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth about $482,000. Sovran Advisors LLC raised its stake in shares of Fidelity High Dividend ETF by 214.7% in the 4th quarter. Sovran Advisors LLC now owns 34,774 shares of the company’s stock valued at $1,999,000 after purchasing an additional 23,725 shares in the last quarter. Savvy Advisors Inc. raised its stake in shares of Fidelity High Dividend ETF by 55.6% in the 4th quarter. Savvy Advisors Inc. now owns 50,482 shares of the company’s stock valued at $2,862,000 after purchasing an additional 18,037 shares in the last quarter. Finally, Childress Capital Advisors LLC raised its stake in shares of Fidelity High Dividend ETF by 4.8% in the 4th quarter. Childress Capital Advisors LLC now owns 804,703 shares of the company’s stock valued at $45,619,000 after purchasing an additional 36,855 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV stock opened at $62.14 on Monday. Fidelity High Dividend ETF has a one year low of $52.48 and a one year high of $62.23. The company’s 50-day simple moving average is $60.56 and its 200-day simple moving average is $58.59. The stock has a market capitalization of $10.03 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86.

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.