MGO One Seven LLC Sells 91,027 Shares of Fidelity High Dividend ETF $FDVV

MGO One Seven LLC cut its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 67.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 44,106 shares of the company’s stock after selling 91,027 shares during the quarter. MGO One Seven LLC’s holdings in Fidelity High Dividend ETF were worth $2,679,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FDVV. Global Assets Advisory LLC purchased a new stake in shares of Fidelity High Dividend ETF during the first quarter valued at approximately $36,000. Oakworth Capital Inc. bought a new stake in shares of Fidelity High Dividend ETF during the third quarter valued at approximately $42,000. Horrell Capital Management Inc. bought a new stake in shares of Fidelity High Dividend ETF during the third quarter valued at approximately $46,000. Bessemer Group Inc. bought a new stake in shares of Fidelity High Dividend ETF during the first quarter valued at approximately $56,000. Finally, Godsey & Gibb Inc. purchased a new position in Fidelity High Dividend ETF in the 3rd quarter worth approximately $90,000.

Fidelity High Dividend ETF Stock Down 0.2%

Shares of NYSEARCA FDVV opened at $62.06 on Wednesday. The firm has a market cap of $10.44 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a twelve month low of $53.77 and a twelve month high of $64.54. The company has a 50 day moving average of $62.16 and a 200 day moving average of $60.29.

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.