Childress Capital Advisors LLC Increases Stock Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Childress Capital Advisors LLC increased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 548,442 shares of the company’s stock after acquiring an additional 935 shares during the quarter. Fidelity High Dividend ETF comprises approximately 7.3% of Childress Capital Advisors LLC’s holdings, making the stock its 2nd largest holding. Childress Capital Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $25,656,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Perigon Wealth Management LLC boosted its stake in shares of Fidelity High Dividend ETF by 2.8% in the 1st quarter. Perigon Wealth Management LLC now owns 8,879 shares of the company’s stock valued at $402,000 after purchasing an additional 245 shares in the last quarter. Core Wealth Advisors Inc. boosted its stake in shares of Fidelity High Dividend ETF by 2.4% in the 4th quarter. Core Wealth Advisors Inc. now owns 11,425 shares of the company’s stock valued at $483,000 after purchasing an additional 272 shares in the last quarter. FSC Wealth Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 2.6% in the 2nd quarter. FSC Wealth Advisors LLC now owns 11,467 shares of the company’s stock valued at $536,000 after purchasing an additional 293 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in shares of Fidelity High Dividend ETF by 6.2% in the 2nd quarter. Nations Financial Group Inc. IA ADV now owns 5,110 shares of the company’s stock valued at $239,000 after purchasing an additional 300 shares in the last quarter. Finally, MWA Asset Management boosted its stake in shares of Fidelity High Dividend ETF by 3.4% in the 2nd quarter. MWA Asset Management now owns 11,998 shares of the company’s stock valued at $561,000 after purchasing an additional 398 shares in the last quarter.

Fidelity High Dividend ETF Stock Down 0.4 %

Shares of NYSEARCA FDVV opened at $49.07 on Friday. The firm’s 50-day simple moving average is $48.30 and its 200 day simple moving average is $46.35. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 12-month low of $36.94 and a 12-month high of $50.15.

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.