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

Kestra Private Wealth Services LLC increased its position in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 0.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 96,836 shares of the company’s stock after purchasing an additional 451 shares during the period. Kestra Private Wealth Services LLC’s holdings in Fidelity High Dividend ETF were worth $4,836,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FDVV. Commonwealth Equity Services LLC grew its holdings in Fidelity High Dividend ETF by 11.6% in the third quarter. Commonwealth Equity Services LLC now owns 2,768,581 shares of the company’s stock worth $140,229,000 after purchasing an additional 287,984 shares during the period. Childress Capital Advisors LLC increased its holdings in shares of Fidelity High Dividend ETF by 0.4% during the fourth quarter. Childress Capital Advisors LLC now owns 762,686 shares of the company’s stock valued at $38,089,000 after acquiring an additional 2,977 shares in the last quarter. McIlrath & Eck LLC raised its holdings in Fidelity High Dividend ETF by 14.8% in the third quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock worth $29,320,000 after buying an additional 74,731 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Fidelity High Dividend ETF by 5.3% in the third quarter. Allworth Financial LP now owns 468,637 shares of the company’s stock worth $23,736,000 after buying an additional 23,565 shares in the last quarter. Finally, Integrated Wealth Concepts LLC grew its holdings in shares of Fidelity High Dividend ETF by 6.8% during the third quarter. Integrated Wealth Concepts LLC now owns 325,621 shares of the company’s stock valued at $16,493,000 after buying an additional 20,832 shares during the last quarter.

Fidelity High Dividend ETF Trading Up 0.9 %

FDVV stock 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 simple moving average is $50.76 and its 200 day simple 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.

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.