Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Purchased by Slagle Financial LLC

Slagle Financial LLC boosted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 9.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 93,386 shares of the company’s stock after buying an additional 7,725 shares during the period. Fidelity High Dividend ETF makes up 2.1% of Slagle Financial LLC’s portfolio, making the stock its 14th biggest holding. Slagle Financial LLC’s holdings in Fidelity High Dividend ETF were worth $4,664,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FDVV. AssuredPartners Investment Advisors LLC purchased a new position in Fidelity High Dividend ETF in the 4th quarter worth approximately $17,928,000. Godshalk Welsh Capital Management Inc. raised its stake in Fidelity High Dividend ETF by 6.2% during the fourth quarter. Godshalk Welsh Capital Management Inc. now owns 30,625 shares of the company’s stock worth $1,529,000 after acquiring an additional 1,790 shares during the period. JPMorgan Chase & Co. grew its position in shares of Fidelity High Dividend ETF by 59.4% during the fourth quarter. JPMorgan Chase & Co. now owns 392,437 shares of the company’s stock worth $19,598,000 after acquiring an additional 146,280 shares during the last quarter. BG Investment Services Inc. bought a new stake in Fidelity High Dividend ETF during the 4th quarter valued at $1,451,000. Finally, PKS Advisory Services LLC acquired a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $220,000.

Fidelity High Dividend ETF Trading Down 0.4 %

Shares of NYSEARCA FDVV opened at $49.70 on Friday. The company has a market capitalization of $4.69 billion, a price-to-earnings ratio of 17.44 and a beta of 1.02. Fidelity High Dividend ETF has a twelve month low of $43.34 and a twelve month high of $52.78. The firm has a 50-day moving average of $50.77 and a two-hundred day moving average of $50.83.

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.