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

Godshalk Welsh Capital Management Inc. boosted its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 10.6% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,860 shares of the company’s stock after acquiring 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 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Perigon Wealth Management LLC lifted its position in Fidelity High Dividend ETF by 2.8% in the first quarter. Perigon Wealth Management LLC now owns 8,879 shares of the company’s stock valued at $402,000 after acquiring an additional 245 shares during the last quarter. Core Wealth Advisors Inc. raised its holdings in shares of Fidelity High Dividend ETF by 2.4% in the fourth quarter. Core Wealth Advisors Inc. now owns 11,425 shares of the company’s stock valued at $483,000 after buying an additional 272 shares during the last quarter. FSC Wealth Advisors LLC raised its holdings in shares of Fidelity High Dividend ETF by 2.6% in the second quarter. FSC Wealth Advisors LLC now owns 11,467 shares of the company’s stock valued at $536,000 after buying an additional 293 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Fidelity High Dividend ETF by 6.2% in the second quarter. Nations Financial Group Inc. IA ADV now owns 5,110 shares of the company’s stock valued at $239,000 after buying an additional 300 shares during the last quarter. Finally, MWA Asset Management raised its holdings in shares of Fidelity High Dividend ETF by 3.4% in the second quarter. MWA Asset Management now owns 11,998 shares of the company’s stock valued at $561,000 after buying an additional 398 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA:FDVV opened at $50.47 on Friday. The stock has a market capitalization of $2.91 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a one year low of $36.94 and a one year high of $50.63. The company has a 50-day simple moving average of $48.75 and a 200-day simple moving average of $46.75.

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.