Raymond James & Associates Sells 5,411 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Raymond James & Associates trimmed its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 13.2% during the fourth quarter, Holdings Channel reports. The firm owned 35,651 shares of the company’s stock after selling 5,411 shares during the quarter. Raymond James & Associates’ holdings in Fidelity High Dividend ETF were worth $1,507,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Core Wealth Advisors Inc. raised its stake in Fidelity High Dividend ETF by 2.5% in the third quarter. Core Wealth Advisors Inc. now owns 11,153 shares of the company’s stock valued at $430,000 after buying an additional 269 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Fidelity High Dividend ETF by 2.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,268 shares of the company’s stock valued at $420,000 after acquiring an additional 277 shares during the period. FSC Wealth Advisors LLC lifted its holdings in Fidelity High Dividend ETF by 7.0% during the 3rd quarter. FSC Wealth Advisors LLC now owns 4,336 shares of the company’s stock valued at $167,000 after purchasing an additional 283 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in Fidelity High Dividend ETF by 1.2% during the first quarter. Gladstone Institutional Advisory LLC now owns 27,382 shares of the company’s stock worth $1,043,000 after purchasing an additional 322 shares during the period. Finally, Baird Financial Group Inc. increased its holdings in shares of Fidelity High Dividend ETF by 4.8% in the third quarter. Baird Financial Group Inc. now owns 7,442 shares of the company’s stock valued at $246,000 after purchasing an additional 339 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 0.0 %

Fidelity High Dividend ETF stock opened at $43.50 on Friday. The company’s 50-day moving average price is $44.25 and its two-hundred day moving average price is $41.89. The stock has a market cap of $1.76 billion, a P/E ratio of 10.36 and a beta of 1.01. Fidelity High Dividend ETF has a twelve month low of $36.94 and a twelve month high of $45.42.

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.