Fidelity High Dividend ETF (NYSEARCA:FDVV) Shares Bought by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC lifted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 20.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,967 shares of the company’s stock after acquiring an additional 5,694 shares during the quarter. Kingsview Wealth Management LLC owned about 0.06% of Fidelity High Dividend ETF worth $1,646,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in FDVV. Commonwealth Equity Services LLC raised its stake in shares of Fidelity High Dividend ETF by 11.6% during the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock valued at $140,229,000 after purchasing an additional 287,984 shares during the period. Systelligence LLC purchased a new stake in Fidelity High Dividend ETF during the 3rd quarter worth $14,355,000. Childress Capital Advisors LLC lifted its holdings in Fidelity High Dividend ETF by 38.5% in the 3rd quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock worth $38,479,000 after buying an additional 211,267 shares in the last quarter. Madrona Financial Services LLC acquired a new position in Fidelity High Dividend ETF in the 4th quarter worth $5,844,000. Finally, Kovack Advisors Inc. boosted its position in Fidelity High Dividend ETF by 138.5% in the 3rd quarter. Kovack Advisors Inc. now owns 200,738 shares of the company’s stock valued at $10,167,000 after buying an additional 116,557 shares during the last quarter.

Fidelity High Dividend ETF Stock Performance

Shares of NYSEARCA FDVV opened at $51.34 on Tuesday. Fidelity High Dividend ETF has a 1 year low of $42.53 and a 1 year high of $52.78. The stock’s 50-day simple moving average is $50.76 and its 200-day simple moving average is $50.36. The firm has a market cap of $2.96 billion, a price-to-earnings ratio of 11.51 and a beta of 0.82.

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.