Fidelity High Dividend ETF $FDVV Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC decreased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,313 shares of the company’s stock after selling 17,537 shares during the quarter. AE Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $1,522,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Tidemark LLC grew its holdings in Fidelity High Dividend ETF by 69.4% during the 3rd quarter. Tidemark LLC now owns 5,438 shares of the company’s stock valued at $303,000 after purchasing an additional 2,228 shares in the last quarter. Archer Investment Corp lifted its holdings in Fidelity High Dividend ETF by 7.2% in the 3rd quarter. Archer Investment Corp now owns 3,219 shares of the company’s stock worth $179,000 after buying an additional 217 shares in the last quarter. Absolute Capital Management LLC purchased a new position in Fidelity High Dividend ETF in the 3rd quarter valued at about $1,064,000. Investor s Fiduciary Advisor Network LLC grew its stake in shares of Fidelity High Dividend ETF by 17.3% during the third quarter. Investor s Fiduciary Advisor Network LLC now owns 15,006 shares of the company’s stock valued at $835,000 after acquiring an additional 2,216 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in shares of Fidelity High Dividend ETF by 59.4% during the third quarter. TD Waterhouse Canada Inc. now owns 974 shares of the company’s stock worth $55,000 after acquiring an additional 363 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

NYSEARCA:FDVV opened at $58.20 on Tuesday. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $58.36. The business’s 50-day simple moving average is $57.09 and its 200 day simple moving average is $55.84.

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.