OneAscent Financial Services LLC Makes New $1.75 Million Investment in Fidelity High Dividend ETF (NYSEARCA:FDVV)

OneAscent Financial Services LLC acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 34,948 shares of the company’s stock, valued at approximately $1,745,000. OneAscent Financial Services LLC owned approximately 0.06% of Fidelity High Dividend ETF as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of FDVV. Melfa Wealth Management Inc. raised its holdings in Fidelity High Dividend ETF by 1.5% in the 4th quarter. Melfa Wealth Management Inc. now owns 17,460 shares of the company’s stock worth $872,000 after purchasing an additional 258 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in shares of Fidelity High Dividend ETF by 2.9% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,213 shares of the company’s stock worth $460,000 after buying an additional 261 shares in the last quarter. Ballew Advisors Inc increased its stake in Fidelity High Dividend ETF by 1.0% during the fourth quarter. Ballew Advisors Inc now owns 27,908 shares of the company’s stock worth $1,380,000 after acquiring an additional 266 shares during the last quarter. Koshinski Asset Management Inc. boosted its stake in shares of Fidelity High Dividend ETF by 0.7% during the fourth quarter. Koshinski Asset Management Inc. now owns 40,983 shares of the company’s stock valued at $2,047,000 after purchasing an additional 273 shares during the period. Finally, Tandem Capital Management Corp ADV raised its stake in shares of Fidelity High Dividend ETF by 3.3% during the fourth quarter. Tandem Capital Management Corp ADV now owns 9,470 shares of the company’s stock valued at $473,000 after acquiring an additional 300 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

FDVV stock opened at $49.59 on Wednesday. The firm has a 50-day simple moving average of $50.67 and a two-hundred day simple moving average of $50.86. Fidelity High Dividend ETF has a one year low of $43.34 and a one year high of $52.78. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of 17.44 and a beta of 1.02.

Fidelity High Dividend ETF Company 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.