Tranquility Partners LLC Sells 303 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Tranquility Partners LLC lowered its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,590 shares of the company’s stock after selling 303 shares during the quarter. Tranquility Partners LLC’s holdings in Fidelity High Dividend ETF were worth $334,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in FDVV. EverSource Wealth Advisors LLC acquired a new position in Fidelity High Dividend ETF in the first quarter valued at about $35,000. Hantz Financial Services Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter valued at $51,000. ICA Group Wealth Management LLC raised its stake in Fidelity High Dividend ETF by 105.5% during the 2nd quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock worth $142,000 after buying an additional 1,555 shares during the period. Larson Financial Group LLC lifted its holdings in shares of Fidelity High Dividend ETF by 6,777.4% during the 2nd quarter. Larson Financial Group LLC now owns 4,264 shares of the company’s stock valued at $199,000 after purchasing an additional 4,202 shares in the last quarter. Finally, Baker Avenue Asset Management LP acquired a new position in shares of Fidelity High Dividend ETF in the 3rd quarter valued at approximately $205,000.

Fidelity High Dividend ETF Trading Up 0.6 %

FDVV stock opened at $51.67 on Tuesday. The stock has a 50-day moving average price of $50.73 and a two-hundred day moving average price of $48.65. The stock has a market cap of $2.98 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1 year low of $39.86 and a 1 year high of $52.17.

Fidelity High Dividend ETF Company 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.