Dahring Cusmano LLC Has $3.63 Million Stake in Fidelity High Dividend ETF $FDVV

Dahring Cusmano LLC lifted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 452.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 65,759 shares of the company’s stock after acquiring an additional 53,858 shares during the quarter. Fidelity High Dividend ETF makes up about 2.2% of Dahring Cusmano LLC’s portfolio, making the stock its 14th biggest holding. Dahring Cusmano LLC’s holdings in Fidelity High Dividend ETF were worth $3,633,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Smithfield Trust Co raised its stake in Fidelity High Dividend ETF by 2.4% in the 4th quarter. Smithfield Trust Co now owns 7,600 shares of the company’s stock valued at $431,000 after acquiring an additional 175 shares during the period. Meridian Wealth Management LLC lifted its holdings in Fidelity High Dividend ETF by 4.5% during the 4th quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock valued at $236,000 after purchasing an additional 179 shares during the last quarter. Harbor Asset Planning Inc. boosted its position in Fidelity High Dividend ETF by 0.8% during the first quarter. Harbor Asset Planning Inc. now owns 22,824 shares of the company’s stock worth $1,261,000 after purchasing an additional 182 shares during the period. Sweeney & Michel LLC boosted its position in Fidelity High Dividend ETF by 1.4% during the first quarter. Sweeney & Michel LLC now owns 17,981 shares of the company’s stock worth $1,034,000 after purchasing an additional 245 shares during the period. Finally, Sunbelt Securities Inc. increased its holdings in shares of Fidelity High Dividend ETF by 0.8% in the fourth quarter. Sunbelt Securities Inc. now owns 32,071 shares of the company’s stock valued at $1,818,000 after purchasing an additional 246 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

NYSEARCA:FDVV opened at $62.65 on Friday. The company has a market cap of $10.10 billion, a P/E ratio of 17.18 and a beta of 0.86. The firm’s fifty day moving average price is $60.81 and its two-hundred day moving average price is $58.73. Fidelity High Dividend ETF has a one year low of $52.86 and a one year high of $62.71.

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.