Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Acquired by Godshalk Welsh Capital Management Inc.

Godshalk Welsh Capital Management Inc. grew its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.6% during the 2nd quarter, Holdings Channel reports. The firm owned 24,860 shares of the company’s stock after buying an additional 2,385 shares during the period. Godshalk Welsh Capital Management Inc.’s holdings in Fidelity High Dividend ETF were worth $1,163,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Janney Montgomery Scott LLC purchased a new position in Fidelity High Dividend ETF during the fourth quarter worth approximately $504,000. Wells Fargo & Company MN raised its stake in shares of Fidelity High Dividend ETF by 27.5% in the 4th quarter. Wells Fargo & Company MN now owns 474,633 shares of the company’s stock valued at $20,068,000 after acquiring an additional 102,369 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in shares of Fidelity High Dividend ETF by 12.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 193,067 shares of the company’s stock valued at $8,163,000 after acquiring an additional 21,423 shares during the period. Advisory Services Network LLC raised its stake in shares of Fidelity High Dividend ETF by 317.4% in the 4th quarter. Advisory Services Network LLC now owns 74,219 shares of the company’s stock valued at $3,138,000 after acquiring an additional 56,436 shares during the period. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Fidelity High Dividend ETF by 4.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 14,128 shares of the company’s stock valued at $597,000 after acquiring an additional 608 shares during the period.

Fidelity High Dividend ETF Trading Up 1.1 %

Shares of FDVV stock opened at $50.47 on Friday. The company’s fifty day simple moving average is $48.75 and its 200-day simple moving average is $46.75. Fidelity High Dividend ETF has a 52 week low of $36.94 and a 52 week high of $50.63. The company has a market cap of $2.91 billion, a PE ratio of 11.51 and a beta of 0.82.

Fidelity High Dividend ETF 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.