KFG Wealth Management LLC Purchases 8,155 Shares of Fidelity High Dividend ETF $FDVV

KFG Wealth Management LLC lifted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 13.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 67,129 shares of the company’s stock after purchasing an additional 8,155 shares during the quarter. KFG Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $4,047,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Smithfield Trust Co raised its holdings in shares of Fidelity High Dividend ETF by 2.4% during the 4th quarter. Smithfield Trust Co now owns 7,600 shares of the company’s stock valued at $431,000 after buying an additional 175 shares in the last quarter. Meridian Wealth Management LLC lifted its position in Fidelity High Dividend ETF by 4.5% in the 4th quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock worth $236,000 after buying an additional 179 shares during the last quarter. Harbor Asset Planning Inc. boosted its stake in Fidelity High Dividend ETF by 0.8% in the first quarter. Harbor Asset Planning Inc. now owns 22,824 shares of the company’s stock worth $1,261,000 after buying an additional 182 shares in the last quarter. Focus Financial Network Inc. boosted its stake in Fidelity High Dividend ETF by 2.0% in the second quarter. Focus Financial Network Inc. now owns 12,174 shares of the company’s stock worth $734,000 after buying an additional 238 shares in the last quarter. Finally, Sweeney & Michel LLC grew its position in Fidelity High Dividend ETF by 1.4% during the first quarter. Sweeney & Michel LLC now owns 17,981 shares of the company’s stock valued at $1,034,000 after acquiring an additional 245 shares during the last quarter.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $63.12 on Thursday. The stock has a market capitalization of $10.24 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a one year low of $53.77 and a one year high of $64.54. The firm’s 50 day simple moving average is $62.57 and its two-hundred day simple moving average is $60.02.

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.