Childress Capital Advisors LLC Purchases 2,977 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Childress Capital Advisors LLC lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.4% in the 4th quarter, Holdings Channel reports. The fund owned 762,686 shares of the company’s stock after buying an additional 2,977 shares during the period. Fidelity High Dividend ETF makes up approximately 10.6% of Childress Capital Advisors LLC’s investment portfolio, making the stock its biggest holding. Childress Capital Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $38,089,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDVV. JPMorgan Chase & Co. increased its stake in Fidelity High Dividend ETF by 27.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 246,157 shares of the company’s stock valued at $12,468,000 after buying an additional 52,434 shares during the period. Nations Financial Group Inc. IA ADV grew its holdings in shares of Fidelity High Dividend ETF by 5.1% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock valued at $272,000 after acquiring an additional 260 shares in the last quarter. HighTower Advisors LLC increased its stake in shares of Fidelity High Dividend ETF by 29.9% in the third quarter. HighTower Advisors LLC now owns 16,498 shares of the company’s stock worth $837,000 after acquiring an additional 3,801 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Fidelity High Dividend ETF by 43.7% during the third quarter. Janney Montgomery Scott LLC now owns 32,028 shares of the company’s stock worth $1,622,000 after acquiring an additional 9,736 shares in the last quarter. Finally, FMR LLC boosted its position in Fidelity High Dividend ETF by 4.7% during the third quarter. FMR LLC now owns 80,331 shares of the company’s stock valued at $4,069,000 after purchasing an additional 3,620 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV opened at $50.15 on Tuesday. The company has a market capitalization of $2.89 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a fifty-two week low of $42.53 and a fifty-two week high of $52.78. The business has a 50-day moving average of $50.93 and a 200-day moving average of $50.27.

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.