Childress Capital Advisors LLC Cuts Position in Fidelity High Dividend ETF $FDVV

Childress Capital Advisors LLC lowered its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 7.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 767,848 shares of the company’s stock after selling 58,669 shares during the period. Fidelity High Dividend ETF comprises about 7.8% of Childress Capital Advisors LLC’s investment portfolio, making the stock its largest holding. Childress Capital Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $42,777,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Foundations Investment Advisors LLC boosted its position in Fidelity High Dividend ETF by 34.3% in the 2nd quarter. Foundations Investment Advisors LLC now owns 23,916 shares of the company’s stock valued at $1,244,000 after buying an additional 6,102 shares during the period. Allworth Financial LP raised its stake in shares of Fidelity High Dividend ETF by 4.8% during the second quarter. Allworth Financial LP now owns 547,991 shares of the company’s stock valued at $28,506,000 after acquiring an additional 25,216 shares in the last quarter. Advyzon Investment Management LLC bought a new stake in shares of Fidelity High Dividend ETF during the second quarter valued at approximately $344,000. Dentgroup LLC boosted its holdings in shares of Fidelity High Dividend ETF by 35.6% in the third quarter. Dentgroup LLC now owns 204,125 shares of the company’s stock valued at $11,372,000 after purchasing an additional 53,547 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in Fidelity High Dividend ETF by 55.8% in the second quarter. Janney Montgomery Scott LLC now owns 53,594 shares of the company’s stock worth $2,788,000 after purchasing an additional 19,196 shares in the last quarter.

Fidelity High Dividend ETF Stock Up 0.1%

FDVV opened at $57.12 on Wednesday. The stock’s fifty day moving average is $56.45 and its two-hundred day moving average is $55.18. The company has a market capitalization of $8.04 billion, a P/E ratio of 17.18 and a beta of 0.92. Fidelity High Dividend ETF has a 52 week low of $42.81 and a 52 week high of $57.44.

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.