Consolidated Planning Corp Reduces Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Consolidated Planning Corp lowered its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 16.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,819 shares of the company’s stock after selling 6,441 shares during the period. Consolidated Planning Corp owned approximately 0.08% of Fidelity High Dividend ETF worth $1,430,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDVV. Valmark Advisers Inc. purchased a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $3,422,000. Citizens Financial Group Inc. RI purchased a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $402,000. New England Private Wealth Advisors LLC purchased a new position in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $237,000. Element Wealth LLC boosted its position in shares of Fidelity High Dividend ETF by 11.7% during the fourth quarter. Element Wealth LLC now owns 9,565 shares of the company’s stock valued at $404,000 after buying an additional 1,000 shares during the period. Finally, Octavia Wealth Advisors LLC boosted its position in shares of Fidelity High Dividend ETF by 6.3% during the fourth quarter. Octavia Wealth Advisors LLC now owns 135,716 shares of the company’s stock valued at $5,738,000 after buying an additional 7,989 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA:FDVV traded up $0.06 during trading hours on Friday, hitting $44.41. 234,498 shares of the company’s stock traded hands, compared to its average volume of 286,887. Fidelity High Dividend ETF has a 1 year low of $36.94 and a 1 year high of $45.42. The business has a fifty day moving average price of $44.36 and a 200-day moving average price of $42.14. The firm has a market capitalization of $2.52 billion, a P/E ratio of 11.12 and a beta of 0.84.

About Fidelity High Dividend ETF

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.