Fidelity High Dividend ETF $FDVV is Childress Capital Advisors LLC’s Largest Position

Childress Capital Advisors LLC cut its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 7.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 767,848 shares of the company’s stock after selling 58,669 shares during the quarter. Fidelity High Dividend ETF accounts for approximately 7.8% of Childress Capital Advisors LLC’s holdings, making the stock its largest position. Childress Capital Advisors LLC owned approximately 0.59% of Fidelity High Dividend ETF worth $42,777,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Assetmark Inc. raised its stake in shares of Fidelity High Dividend ETF by 80.5% in the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock worth $25,000 after purchasing an additional 211 shares during the last quarter. Darwin Wealth Management LLC bought a new stake in Fidelity High Dividend ETF in the 2nd quarter worth about $27,000. MB Levis & Associates LLC bought a new stake in Fidelity High Dividend ETF in the 2nd quarter worth about $28,000. Evermay Wealth Management LLC purchased a new position in Fidelity High Dividend ETF in the 2nd quarter worth about $31,000. Finally, TD Waterhouse Canada Inc. purchased a new position in Fidelity High Dividend ETF in the 2nd quarter worth about $32,000.

Fidelity High Dividend ETF Stock Up 0.1%

Shares of NYSEARCA FDVV opened at $57.12 on Wednesday. The firm’s 50-day moving average price is $56.45 and its 200-day moving average price is $55.18. The company has a market cap of $8.04 billion, a PE 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.