Dentgroup LLC Has $10.85 Million Position in Fidelity High Dividend ETF $FDVV

Dentgroup LLC decreased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 6.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 191,403 shares of the company’s stock after selling 12,722 shares during the quarter. Fidelity High Dividend ETF comprises approximately 7.5% of Dentgroup LLC’s investment portfolio, making the stock its largest position. Dentgroup LLC’s holdings in Fidelity High Dividend ETF were worth $10,851,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC bought a new position in Fidelity High Dividend ETF during the 2nd quarter worth approximately $27,000. Optima Capital LLC bought a new position in Fidelity High Dividend ETF during the 4th quarter worth approximately $33,000. Oakworth Capital Inc. raised its holdings in Fidelity High Dividend ETF by 427.5% during the 3rd quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock worth $38,000 after purchasing an additional 560 shares during the last quarter. Trust Co. of Vermont bought a new position in Fidelity High Dividend ETF during the 3rd quarter worth approximately $41,000. Finally, TD Waterhouse Canada Inc. raised its holdings in Fidelity High Dividend ETF by 59.4% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 974 shares of the company’s stock worth $55,000 after purchasing an additional 363 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock opened at $58.68 on Friday. Fidelity High Dividend ETF has a 52-week low of $46.87 and a 52-week high of $60.12. The firm has a 50 day moving average price of $57.29 and a two-hundred day moving average price of $56.95. The firm has a market cap of $9.08 billion, a price-to-earnings ratio of 17.18 and a beta of 0.87.

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.