Perigon Wealth Management LLC Cuts Stake in Fidelity High Dividend ETF $FDVV

Perigon Wealth Management LLC cut its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,530 shares of the company’s stock after selling 478 shares during the quarter. Perigon Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $1,224,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. IMA Advisory Services Inc. purchased a new position in Fidelity High Dividend ETF in the first quarter valued at about $28,000. Iron Horse Wealth Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 1st quarter worth $34,000. Creekmur Asset Management LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 1st quarter worth $35,000. Bogart Wealth LLC increased its position in shares of Fidelity High Dividend ETF by 299.5% during the 1st quarter. Bogart Wealth LLC now owns 803 shares of the company’s stock worth $40,000 after purchasing an additional 602 shares during the last quarter. Finally, Private Trust Co. NA acquired a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth about $45,000.

Fidelity High Dividend ETF Price Performance

Shares of Fidelity High Dividend ETF stock opened at $55.63 on Friday. The business has a 50-day moving average of $54.69 and a 200 day moving average of $51.47. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 17.18 and a beta of 1.01. Fidelity High Dividend ETF has a 12 month low of $42.81 and a 12 month high of $55.85.

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.