Childress Capital Advisors LLC Sells 27,506 Shares of Fidelity High Dividend ETF $FDVV

Childress Capital Advisors LLC trimmed its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 3.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 826,517 shares of the company’s stock after selling 27,506 shares during the quarter. Fidelity High Dividend ETF accounts for 10.8% of Childress Capital Advisors LLC’s portfolio, making the stock its largest holding. Childress Capital Advisors LLC owned approximately 0.74% of Fidelity High Dividend ETF worth $42,995,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Commonwealth Equity Services LLC boosted its holdings in Fidelity High Dividend ETF by 10.4% during the first quarter. Commonwealth Equity Services LLC now owns 3,438,466 shares of the company’s stock valued at $170,548,000 after purchasing an additional 324,452 shares in the last quarter. LPL Financial LLC boosted its holdings in Fidelity High Dividend ETF by 19.7% during the first quarter. LPL Financial LLC now owns 2,200,888 shares of the company’s stock valued at $109,164,000 after purchasing an additional 362,424 shares in the last quarter. Retirement Planning Group LLC boosted its holdings in Fidelity High Dividend ETF by 595.3% during the first quarter. Retirement Planning Group LLC now owns 1,827,617 shares of the company’s stock valued at $90,650,000 after purchasing an additional 1,564,773 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 20.6% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,361,393 shares of the company’s stock worth $67,525,000 after acquiring an additional 232,467 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Fidelity High Dividend ETF by 62.6% in the 1st quarter. Raymond James Financial Inc. now owns 904,306 shares of the company’s stock worth $44,854,000 after acquiring an additional 347,988 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $55.71 on Wednesday. The company has a market capitalization of $6.39 billion, a P/E ratio of 17.18 and a beta of 1.01. Fidelity High Dividend ETF has a one year low of $42.81 and a one year high of $55.85. The business’s 50 day simple moving average is $54.77 and its 200-day simple moving average is $51.56.

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.