SageOak Financial LLC Sells 3,978 Shares of Fidelity High Dividend ETF $FDVV

SageOak Financial LLC cut its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 39.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 6,129 shares of the company’s stock after selling 3,978 shares during the quarter. Fidelity High Dividend ETF makes up approximately 0.3% of SageOak Financial LLC’s investment portfolio, making the stock its 26th largest holding. SageOak Financial LLC’s holdings in Fidelity High Dividend ETF were worth $319,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Horrell Capital Management Inc. acquired a new position in Fidelity High Dividend ETF during the 2nd quarter worth $39,000. Advyzon Investment Management LLC bought a new position in shares of Fidelity High Dividend ETF in the second quarter worth about $344,000. Lakeridge Wealth Management LLC increased its stake in shares of Fidelity High Dividend ETF by 5.7% in the second quarter. Lakeridge Wealth Management LLC now owns 335,907 shares of the company’s stock worth $17,474,000 after purchasing an additional 18,135 shares during the period. Allworth Financial LP lifted its position in shares of Fidelity High Dividend ETF by 4.8% during the 2nd quarter. Allworth Financial LP now owns 547,991 shares of the company’s stock worth $28,506,000 after purchasing an additional 25,216 shares during the last quarter. Finally, Summit X LLC acquired a new position in shares of Fidelity High Dividend ETF during the 2nd quarter worth about $1,085,000.

Fidelity High Dividend ETF Stock Up 0.3%

Shares of NYSEARCA:FDVV opened at $56.61 on Thursday. The company has a market cap of $7.44 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. The business has a 50 day moving average price of $55.66 and a 200 day moving average price of $53.36. Fidelity High Dividend ETF has a twelve month low of $42.81 and a twelve month high of $56.81.

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.