Fidelity High Dividend ETF (NYSEARCA:FDVV) Stake Boosted by Godshalk Welsh Capital Management Inc.

Godshalk Welsh Capital Management Inc. grew its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,675 shares of the company’s stock after purchasing an additional 1,875 shares during the quarter. Godshalk Welsh Capital Management Inc. owned approximately 0.05% of Fidelity High Dividend ETF worth $916,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Envestnet Asset Management Inc. grew its holdings in Fidelity High Dividend ETF by 7.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 571,551 shares of the company’s stock worth $22,056,000 after buying an additional 41,353 shares in the last quarter. Arkadios Wealth Advisors bought a new position in Fidelity High Dividend ETF in the 4th quarter worth approximately $1,930,000. AdvisorNet Financial Inc grew its holdings in Fidelity High Dividend ETF by 2.3% in the 4th quarter. AdvisorNet Financial Inc now owns 102,031 shares of the company’s stock worth $4,314,000 after buying an additional 2,253 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in Fidelity High Dividend ETF in the 3rd quarter worth approximately $647,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Fidelity High Dividend ETF by 3.7% in the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,680 shares of the company’s stock worth $367,000 after buying an additional 310 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV stock traded up $0.30 on Friday, reaching $46.49. The company’s stock had a trading volume of 231,170 shares, compared to its average volume of 278,622. Fidelity High Dividend ETF has a 52 week low of $36.94 and a 52 week high of $46.89. The company has a market capitalization of $2.68 billion, a P/E ratio of 11.51 and a beta of 0.82. The firm has a fifty day moving average of $45.02 and a two-hundred day moving average of $43.20.

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.