OneAscent Financial Services LLC Lowers Holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV)

OneAscent Financial Services LLC lowered its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,396 shares of the company’s stock after selling 845 shares during the quarter. OneAscent Financial Services LLC owned 0.09% of Fidelity High Dividend ETF worth $1,649,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Stephens Inc. AR purchased a new position in Fidelity High Dividend ETF during the fourth quarter worth about $938,000. Arkadios Wealth Advisors acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter valued at approximately $1,930,000. AdvisorNet Financial Inc boosted its stake in shares of Fidelity High Dividend ETF by 2.3% in the fourth quarter. AdvisorNet Financial Inc now owns 102,031 shares of the company’s stock valued at $4,314,000 after buying an additional 2,253 shares in the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Fidelity High Dividend ETF in the third quarter valued at approximately $647,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in Fidelity High Dividend ETF by 3.7% during the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 8,680 shares of the company’s stock worth $367,000 after acquiring an additional 310 shares during the period.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock traded up $0.02 during midday trading on Friday, reaching $46.78. The company’s stock had a trading volume of 304,123 shares, compared to its average volume of 283,720. The firm has a market capitalization of $2.70 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $36.94 and a fifty-two week high of $47.77. The stock’s 50 day simple moving average is $46.18 and its 200 day simple moving average is $44.37.

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.