Fidelity High Dividend ETF $FDVV Shares Sold by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC decreased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 14.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,454 shares of the company’s stock after selling 6,222 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $1,896,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in FDVV. IMA Advisory Services Inc. acquired a new position in Fidelity High Dividend ETF in the first quarter valued at $28,000. Iron Horse Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the first quarter valued at $34,000. Creekmur Asset Management LLC acquired a new position in Fidelity High Dividend ETF in the first quarter valued at $35,000. Bogart Wealth LLC boosted its holdings in Fidelity High Dividend ETF by 299.5% in the first quarter. Bogart Wealth LLC now owns 803 shares of the company’s stock valued at $40,000 after acquiring an additional 602 shares during the last quarter. Finally, Private Trust Co. NA acquired a new position in Fidelity High Dividend ETF in the first quarter valued at $45,000.

Fidelity High Dividend ETF Trading Up 0.2%

Shares of Fidelity High Dividend ETF stock opened at $55.40 on Wednesday. Fidelity High Dividend ETF has a twelve month low of $42.81 and a twelve month high of $56.20. The stock has a market capitalization of $7.13 billion, a P/E ratio of 17.18 and a beta of 1.01. The business’s fifty day moving average price is $55.14 and its 200 day moving average price is $51.95.

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.