Beam Wealth Advisors Inc. Sells 847 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Beam Wealth Advisors Inc. lowered its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,909 shares of the company’s stock after selling 847 shares during the quarter. Beam Wealth Advisors Inc.’s holdings in Fidelity High Dividend ETF were worth $1,394,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Melfa Wealth Management Inc. boosted its stake in Fidelity High Dividend ETF by 1.5% in the fourth quarter. Melfa Wealth Management Inc. now owns 17,460 shares of the company’s stock worth $872,000 after purchasing an additional 258 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its stake in Fidelity High Dividend ETF by 5.1% in the third quarter. Nations Financial Group Inc. IA ADV now owns 5,370 shares of the company’s stock worth $272,000 after purchasing an additional 260 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in Fidelity High Dividend ETF by 2.9% in the fourth quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 9,213 shares of the company’s stock worth $460,000 after purchasing an additional 261 shares in the last quarter. Ballew Advisors Inc boosted its stake in Fidelity High Dividend ETF by 1.0% in the fourth quarter. Ballew Advisors Inc now owns 27,908 shares of the company’s stock worth $1,380,000 after purchasing an additional 266 shares in the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in Fidelity High Dividend ETF by 0.7% in the fourth quarter. Koshinski Asset Management Inc. now owns 40,983 shares of the company’s stock worth $2,047,000 after purchasing an additional 273 shares in the last quarter.

Fidelity High Dividend ETF Stock Performance

Fidelity High Dividend ETF stock opened at $50.02 on Friday. The firm has a market cap of $4.75 billion, a P/E ratio of 19.05 and a beta of 1.02. The business’s fifty day moving average is $50.82 and its two-hundred day moving average is $50.79. Fidelity High Dividend ETF has a 52 week low of $43.34 and a 52 week high of $52.78.

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.