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

Kingsview Wealth Management LLC boosted its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 20.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 32,967 shares of the company’s stock after purchasing an additional 5,694 shares during the period. Kingsview Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $1,646,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the 3rd quarter worth $25,000. Glass Jacobson Investment Advisors llc acquired a new position in Fidelity High Dividend ETF during the third quarter worth about $75,000. Archer Investment Corp bought a new stake in Fidelity High Dividend ETF in the fourth quarter worth about $98,000. Baker Avenue Asset Management LP acquired a new stake in Fidelity High Dividend ETF in the 3rd quarter valued at about $205,000. Finally, Daymark Wealth Partners LLC acquired a new stake in Fidelity High Dividend ETF in the 4th quarter valued at about $206,000.

Fidelity High Dividend ETF Price Performance

Shares of FDVV opened at $51.34 on Tuesday. The firm’s 50 day moving average is $50.76 and its 200-day moving average is $50.36. Fidelity High Dividend ETF has a 12-month low of $42.53 and a 12-month high of $52.78. The stock has a market capitalization of $2.96 billion, a P/E ratio of 11.51 and a beta of 0.82.

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.