Perigon Wealth Management LLC Sells 274 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Perigon Wealth Management LLC trimmed its holdings in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 1.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,323 shares of the company’s stock after selling 274 shares during the quarter. Perigon Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $1,127,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of FDVV. FSC Wealth Advisors LLC grew its position in Fidelity High Dividend ETF by 3.5% during the fourth quarter. FSC Wealth Advisors LLC now owns 12,359 shares of the company’s stock worth $617,000 after buying an additional 416 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in shares of Fidelity High Dividend ETF in the 4th quarter worth approximately $238,000. Kingswood Wealth Advisors LLC grew its holdings in shares of Fidelity High Dividend ETF by 14.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 6,400 shares of the company’s stock worth $320,000 after purchasing an additional 803 shares in the last quarter. PFG Investments LLC bought a new stake in shares of Fidelity High Dividend ETF during the fourth quarter valued at approximately $618,000. Finally, Avaii Wealth Management LLC raised its stake in shares of Fidelity High Dividend ETF by 8.1% in the fourth quarter. Avaii Wealth Management LLC now owns 15,152 shares of the company’s stock valued at $757,000 after purchasing an additional 1,129 shares in the last quarter.

Fidelity High Dividend ETF Price Performance

FDVV opened at $50.91 on Friday. The company has a market capitalization of $2.94 billion, a P/E ratio of 11.51 and a beta of 0.82. The firm’s fifty day moving average price is $50.99 and its two-hundred day moving average price is $50.23. Fidelity High Dividend ETF has a fifty-two week low of $42.53 and a fifty-two week high of $52.78.

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.