Ameritas Advisory Services LLC Has $813,000 Stock Holdings in Fidelity High Dividend ETF $FDVV

Ameritas Advisory Services LLC cut its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.0% during the fourth quarter, HoldingsChannel reports. The fund owned 14,346 shares of the company’s stock after selling 9,171 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Fidelity High Dividend ETF were worth $813,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. World Investment Advisors increased its stake in shares of Fidelity High Dividend ETF by 23.5% in the fourth quarter. World Investment Advisors now owns 282,582 shares of the company’s stock worth $15,450,000 after acquiring an additional 53,737 shares during the last quarter. Rollins Financial Advisors LLC acquired a new position in Fidelity High Dividend ETF during the fourth quarter worth $834,000. Investment Advisory Services Group LLC acquired a new position in Fidelity High Dividend ETF during the fourth quarter worth $6,590,000. Meridian Wealth Management LLC increased its position in Fidelity High Dividend ETF by 4.5% during the fourth quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock worth $236,000 after buying an additional 179 shares during the last quarter. Finally, Beam Wealth Advisors Inc. increased its position in Fidelity High Dividend ETF by 4.5% during the fourth quarter. Beam Wealth Advisors Inc. now owns 30,926 shares of the company’s stock worth $1,753,000 after buying an additional 1,342 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Fidelity High Dividend ETF stock opened at $59.26 on Friday. The company has a market capitalization of $9.21 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a one year low of $49.10 and a one year high of $60.12. The company’s fifty day moving average price is $57.30 and its two-hundred day moving average price is $57.30.

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.