Godshalk Welsh Capital Management Inc. Raises Stock Position in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Godshalk Welsh Capital Management Inc. boosted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 6.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 30,625 shares of the company’s stock after purchasing an additional 1,790 shares during the period. Godshalk Welsh Capital Management Inc. owned about 0.05% of Fidelity High Dividend ETF worth $1,529,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in FDVV. Tidemark LLC acquired a new stake in shares of Fidelity High Dividend ETF during the 4th quarter worth approximately $29,000. Roxbury Financial LLC purchased a new stake in Fidelity High Dividend ETF during the fourth quarter worth $62,000. Glass Jacobson Investment Advisors llc acquired a new stake in Fidelity High Dividend ETF during the third quarter valued at $75,000. Archer Investment Corp acquired a new stake in Fidelity High Dividend ETF during the fourth quarter valued at $98,000. Finally, Avion Wealth purchased a new position in Fidelity High Dividend ETF in the fourth quarter valued at $128,000.

Fidelity High Dividend ETF Stock Performance

Shares of Fidelity High Dividend ETF stock opened at $49.88 on Thursday. Fidelity High Dividend ETF has a fifty-two week low of $43.34 and a fifty-two week high of $52.78. The company has a market cap of $4.71 billion, a P/E ratio of 17.44 and a beta of 1.02. The firm has a 50-day simple moving average of $50.78 and a two-hundred day simple moving average of $50.84.

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.