Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Sold by Glassman Wealth Services

Glassman Wealth Services trimmed its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 15.1% in the fourth quarter, Holdings Channel reports. The firm owned 13,850 shares of the company’s stock after selling 2,460 shares during the quarter. Fidelity High Dividend ETF accounts for 0.1% of Glassman Wealth Services’ holdings, making the stock its 28th biggest holding. Glassman Wealth Services’ holdings in Fidelity High Dividend ETF were worth $692,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF in the third quarter worth about $25,000. Roxbury Financial LLC acquired a new position in Fidelity High Dividend ETF in the fourth quarter worth about $62,000. Glass Jacobson Investment Advisors llc acquired a new position in Fidelity High Dividend ETF in the third quarter worth about $75,000. Archer Investment Corp acquired a new position in Fidelity High Dividend ETF in the fourth quarter valued at approximately $98,000. Finally, Avion Wealth acquired a new position in Fidelity High Dividend ETF in the fourth quarter valued at approximately $128,000.

Fidelity High Dividend ETF Stock Up 1.1 %

Shares of FDVV stock opened at $51.42 on Friday. The business has a 50 day moving average of $50.83 and a two-hundred day moving average of $50.76. Fidelity High Dividend ETF has a 52 week low of $43.34 and a 52 week high of $52.78. The company has a market cap of $2.97 billion, a P/E ratio of 11.51 and a beta of 0.82.

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.