Childress Capital Advisors LLC Boosts Stock Holdings in Fidelity High Dividend ETF $FDVV

Childress Capital Advisors LLC lifted its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 804,703 shares of the company’s stock after buying an additional 36,855 shares during the period. Fidelity High Dividend ETF makes up about 7.3% of Childress Capital Advisors LLC’s portfolio, making the stock its biggest holding. Childress Capital Advisors LLC’s holdings in Fidelity High Dividend ETF were worth $45,619,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter worth about $27,000. Optima Capital LLC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth about $33,000. Oakworth Capital Inc. increased its holdings in shares of Fidelity High Dividend ETF by 427.5% in the 3rd quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock worth $38,000 after buying an additional 560 shares during the last quarter. Trust Co. of Vermont bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter worth about $41,000. Finally, TD Waterhouse Canada Inc. increased its holdings in shares of Fidelity High Dividend ETF by 59.4% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 974 shares of the company’s stock worth $55,000 after buying an additional 363 shares during the last quarter.

Fidelity High Dividend ETF Stock Up 0.6%

Fidelity High Dividend ETF stock opened at $58.18 on Thursday. The company’s 50-day moving average price is $57.37 and its 200-day moving average price is $56.83. Fidelity High Dividend ETF has a twelve month low of $45.17 and a twelve month high of $60.12. The company has a market cap of $9.00 billion, a PE ratio of 17.18 and a beta of 0.87.

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.