KMG Fiduciary Partners LLC Sells 97,198 Shares of Fidelity High Dividend ETF $FDVV

KMG Fiduciary Partners LLC reduced its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 91.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,514 shares of the company’s stock after selling 97,198 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Fidelity High Dividend ETF were worth $513,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Smithfield Trust Co grew its stake in shares of Fidelity High Dividend ETF by 2.4% during the 4th quarter. Smithfield Trust Co now owns 7,600 shares of the company’s stock worth $431,000 after acquiring an additional 175 shares during the period. Meridian Wealth Management LLC raised its stake in Fidelity High Dividend ETF by 4.5% in the 4th quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock valued at $236,000 after acquiring an additional 179 shares during the period. Harbor Asset Planning Inc. lifted its holdings 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 valued at $1,261,000 after purchasing an additional 182 shares during the last quarter. Focus Financial Network Inc. lifted its holdings in Fidelity High Dividend ETF by 2.0% during the second quarter. Focus Financial Network Inc. now owns 12,174 shares of the company’s stock valued at $734,000 after purchasing an additional 238 shares during the last quarter. Finally, 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.

Fidelity High Dividend ETF Stock Down 0.3%

FDVV opened at $63.60 on Wednesday. The company has a market capitalization of $10.32 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The firm has a 50-day moving average price of $61.77 and a 200-day moving average price of $59.48. Fidelity High Dividend ETF has a twelve month low of $53.77 and a twelve month high of $64.40.

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.