Kestra Private Wealth Services LLC Acquires 451 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Kestra Private Wealth Services LLC grew its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,836 shares of the company’s stock after buying an additional 451 shares during the quarter. Kestra Private Wealth Services LLC owned 0.17% of Fidelity High Dividend ETF worth $4,836,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Stephens Inc. AR grew its holdings in Fidelity High Dividend ETF by 39.2% in the 4th quarter. Stephens Inc. AR now owns 100,238 shares of the company’s stock worth $5,006,000 after acquiring an additional 28,217 shares during the last quarter. Advisors Preferred LLC bought a new stake in shares of Fidelity High Dividend ETF in the fourth quarter worth about $692,000. Kingsview Wealth Management LLC increased its holdings in Fidelity High Dividend ETF by 20.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 32,967 shares of the company’s stock valued at $1,646,000 after purchasing an additional 5,694 shares during the period. Archer Investment Corp bought a new position in Fidelity High Dividend ETF during the 4th quarter valued at approximately $98,000. Finally, Strategic Financial Concepts LLC purchased a new stake in Fidelity High Dividend ETF in the 4th quarter worth approximately $507,000.

Fidelity High Dividend ETF Stock Performance

FDVV opened at $51.34 on Tuesday. The stock has a market capitalization of $2.96 billion, a PE ratio of 11.51 and a beta of 0.82. The stock’s 50 day moving average price is $50.76 and its 200-day moving average price is $50.36. Fidelity High Dividend ETF has a 52-week low of $42.53 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.