Fidelity High Dividend ETF (NYSEARCA:FDVV) Short Interest Update

Fidelity High Dividend ETF (NYSEARCA:FDVV) was the recipient of a significant decrease in short interest in April. As of April 15th, there was short interest totaling 228,440 shares, a decrease of 84.8% from the March 31st total of 1,499,927 shares. Based on an average trading volume of 973,003 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Trading of Fidelity High Dividend ETF

Large investors have recently made changes to their positions in the business. Base Wealth Management LLC boosted its holdings in Fidelity High Dividend ETF by 27.5% in the fourth quarter. Base Wealth Management LLC now owns 144,060 shares of the company’s stock valued at $8,167,000 after acquiring an additional 31,041 shares during the last quarter. Savvy Advisors Inc. boosted its holdings in Fidelity High Dividend ETF by 55.6% in the fourth quarter. Savvy Advisors Inc. now owns 50,482 shares of the company’s stock valued at $2,862,000 after acquiring an additional 18,037 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in Fidelity High Dividend ETF by 23.4% in the third quarter. Global Retirement Partners LLC now owns 92,881 shares of the company’s stock valued at $5,174,000 after acquiring an additional 17,608 shares during the last quarter. Focus Financial Network Inc. bought a new position in Fidelity High Dividend ETF in the fourth quarter valued at about $659,000. Finally, Sovran Advisors LLC lifted its stake in Fidelity High Dividend ETF by 214.7% in the fourth quarter. Sovran Advisors LLC now owns 34,774 shares of the company’s stock valued at $1,999,000 after buying an additional 23,725 shares during the period.

Fidelity High Dividend ETF Stock Down 0.0%

Fidelity High Dividend ETF stock traded down $0.01 during mid-day trading on Friday, hitting $58.67. 714,784 shares of the company were exchanged, compared to its average volume of 1,068,692. The business has a fifty day moving average of $57.28 and a 200 day moving average of $56.99. Fidelity High Dividend ETF has a 1-year low of $47.10 and a 1-year high of $60.12. The company has a market capitalization of $9.08 billion, a PE ratio of 17.18 and a beta of 0.87.

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.