Fidelity High Dividend ETF $FDVV Shares Purchased by Kestra Investment Management LLC

Kestra Investment Management LLC increased its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 58.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 191,723 shares of the company’s stock after purchasing an additional 70,676 shares during the quarter. Kestra Investment Management LLC owned 0.13% of Fidelity High Dividend ETF worth $10,869,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FDVV. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the second quarter worth $27,000. Optima Capital LLC acquired a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth $33,000. Oakworth Capital Inc. raised its holdings in shares of Fidelity High Dividend ETF by 427.5% in the third quarter. Oakworth Capital Inc. now owns 691 shares of the company’s stock worth $38,000 after acquiring an additional 560 shares during the last quarter. Dunhill Financial LLC acquired a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth $41,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Fidelity High Dividend ETF by 641.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 816 shares of the company’s stock worth $47,000 after acquiring an additional 706 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $60.70 on Tuesday. Fidelity High Dividend ETF has a fifty-two week low of $49.10 and a fifty-two week high of $60.78. The stock has a market cap of $9.44 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The business has a fifty day moving average of $57.64 and a 200-day moving average of $57.47.

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.