Fidelity High Dividend ETF $FDVV Stock: MGO One Seven LLC Lowers Position

MGO One Seven LLC lessened its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 67.4% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 44,106 shares of the company’s stock after selling 91,027 shares during the period. MGO One Seven LLC’s holdings in Fidelity High Dividend ETF were worth $2,679,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Aprio Wealth Management LLC raised its holdings in shares of Fidelity High Dividend ETF by 385.4% in the 3rd quarter. Aprio Wealth Management LLC now owns 36,101 shares of the company’s stock valued at $2,192,000 after acquiring an additional 28,663 shares in the last quarter. Soltis Investment Advisors LLC grew its holdings in shares of Fidelity High Dividend ETF by 69.7% during the third quarter. Soltis Investment Advisors LLC now owns 75,860 shares of the company’s stock worth $4,607,000 after purchasing an additional 31,169 shares in the last quarter. Founders Financial Securities LLC purchased a new position in shares of Fidelity High Dividend ETF during the third quarter worth about $1,368,000. Childress Capital Advisors LLC grew its holdings in shares of Fidelity High Dividend ETF by 7.0% during the third quarter. Childress Capital Advisors LLC now owns 707,299 shares of the company’s stock worth $42,954,000 after purchasing an additional 46,262 shares in the last quarter. Finally, D.A. Davidson & CO. purchased a new position in shares of Fidelity High Dividend ETF during the third quarter worth about $18,322,000.

Fidelity High Dividend ETF Trading Down 0.2%

FDVV stock opened at $62.06 on Wednesday. The company’s 50 day moving average is $62.16 and its 200 day moving average is $60.29. The stock has a market cap of $10.44 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1-year low of $53.77 and a 1-year high of $64.54.

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.