Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. decreased its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 50.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,665 shares of the company’s stock after selling 13,973 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $689,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Darwin Wealth Management LLC purchased a new stake in Fidelity High Dividend ETF during the third quarter valued at about $25,000. Hantz Financial Services Inc. purchased a new position in Fidelity High Dividend ETF during the 2nd quarter worth approximately $51,000. Glass Jacobson Investment Advisors llc acquired a new stake in Fidelity High Dividend ETF during the 3rd quarter valued at $75,000. ICA Group Wealth Management LLC lifted its holdings in shares of Fidelity High Dividend ETF by 105.5% in the second quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after purchasing an additional 1,555 shares in the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of Fidelity High Dividend ETF by 6,777.4% in the second quarter. Larson Financial Group LLC now owns 4,264 shares of the company’s stock worth $199,000 after buying an additional 4,202 shares during the period.

Fidelity High Dividend ETF Trading Down 2.5 %

Shares of FDVV stock opened at $49.82 on Thursday. The stock’s fifty day simple moving average is $51.54 and its 200-day simple moving average is $49.56. The company has a market capitalization of $2.87 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1-year low of $41.59 and a 1-year high of $52.78.

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.