Mission Wealth Management LP Reduces Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Mission Wealth Management LP lessened its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 16.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,499 shares of the company’s stock after selling 1,296 shares during the quarter. Mission Wealth Management LP’s holdings in Fidelity High Dividend ETF were worth $325,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in FDVV. SRS Capital Advisors Inc. raised its holdings in shares of Fidelity High Dividend ETF by 113.7% during the fourth quarter. SRS Capital Advisors Inc. now owns 8,806 shares of the company’s stock valued at $440,000 after acquiring an additional 4,686 shares in the last quarter. US Bancorp DE raised its holdings in shares of Fidelity High Dividend ETF by 36.9% during the fourth quarter. US Bancorp DE now owns 4,787 shares of the company’s stock valued at $239,000 after acquiring an additional 1,290 shares in the last quarter. Sage Investment Counsel LLC bought a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $255,000. Flputnam Investment Management Co. raised its holdings in shares of Fidelity High Dividend ETF by 139.6% during the fourth quarter. Flputnam Investment Management Co. now owns 10,807 shares of the company’s stock valued at $540,000 after acquiring an additional 6,296 shares in the last quarter. Finally, Oppenheimer & Co. Inc. raised its holdings in shares of Fidelity High Dividend ETF by 10.8% during the fourth quarter. Oppenheimer & Co. Inc. now owns 72,278 shares of the company’s stock valued at $3,610,000 after acquiring an additional 7,038 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 0.8 %

Shares of Fidelity High Dividend ETF stock opened at $50.49 on Thursday. The company has a market cap of $4.79 billion, a PE ratio of 19.05 and a beta of 1.02. The business has a 50 day moving average of $50.83 and a 200 day moving average of $50.80. Fidelity High Dividend ETF has a 52 week low of $43.34 and a 52 week high of $52.78.

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.