Sigma Planning Corp Has $585,000 Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Sigma Planning Corp decreased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 14.2% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,832 shares of the company’s stock after selling 2,291 shares during the period. Sigma Planning Corp’s holdings in Fidelity High Dividend ETF were worth $585,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC lifted its stake in Fidelity High Dividend ETF by 119.9% in the third quarter. Global Retirement Partners LLC now owns 1,517 shares of the company’s stock valued at $57,000 after buying an additional 827 shares during the period. Spire Wealth Management raised its position in shares of Fidelity High Dividend ETF by 28.0% during the third quarter. Spire Wealth Management now owns 3,120 shares of the company’s stock worth $120,000 after purchasing an additional 682 shares during the period. Householder Group Estate & Retirement Specialist LLC raised its position in shares of Fidelity High Dividend ETF by 11.5% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 3,773 shares of the company’s stock worth $159,000 after purchasing an additional 388 shares during the period. Anchor Investment Management LLC acquired a new stake in shares of Fidelity High Dividend ETF during the fourth quarter worth about $177,000. Finally, FSC Wealth Advisors LLC raised its position in shares of Fidelity High Dividend ETF by 7.0% during the third quarter. FSC Wealth Advisors LLC now owns 4,336 shares of the company’s stock worth $167,000 after purchasing an additional 283 shares during the period.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $44.41 on Thursday. The firm has a market cap of $2.52 billion, a P/E ratio of 11.12 and a beta of 0.84. The stock’s 50-day moving average is $44.32 and its 200-day moving average is $42.09. Fidelity High Dividend ETF has a one year low of $36.94 and a one year high of $45.42.

Fidelity High Dividend ETF 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.