Carbahal Olsen Financial Services Group LLC Acquires New Shares in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Carbahal Olsen Financial Services Group LLC acquired a new stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 121,153 shares of the company’s stock, valued at approximately $6,050,000. Fidelity High Dividend ETF makes up approximately 5.6% of Carbahal Olsen Financial Services Group LLC’s portfolio, making the stock its 6th largest position. Carbahal Olsen Financial Services Group LLC owned 0.21% of Fidelity High Dividend ETF as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. McIlrath & Eck LLC lifted its holdings in shares of Fidelity High Dividend ETF by 14.8% during the 3rd quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock worth $29,320,000 after acquiring an additional 74,731 shares during the last quarter. Westside Investment Management Inc. grew its position in Fidelity High Dividend ETF by 2.5% during the 3rd quarter. Westside Investment Management Inc. now owns 14,262 shares of the company’s stock worth $722,000 after acquiring an additional 346 shares during the last quarter. World Investment Advisors LLC increased its stake in shares of Fidelity High Dividend ETF by 45.2% in the third quarter. World Investment Advisors LLC now owns 201,266 shares of the company’s stock worth $10,194,000 after buying an additional 62,624 shares during the period. Synovus Financial Corp bought a new position in shares of Fidelity High Dividend ETF during the third quarter valued at about $332,000. Finally, JPMorgan Chase & Co. lifted its holdings in Fidelity High Dividend ETF by 27.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock worth $12,468,000 after buying an additional 52,434 shares during the period.

Fidelity High Dividend ETF Stock Up 0.9 %

NYSEARCA:FDVV opened at $46.56 on Friday. Fidelity High Dividend ETF has a twelve month low of $42.81 and a twelve month high of $52.78. The firm’s fifty day simple moving average is $49.23 and its 200 day simple moving average is $50.42. The stock has a market cap of $4.54 billion, a P/E ratio of 15.53 and a beta of 0.93.

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.