Fidelity High Dividend ETF $FDVV Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 24.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,788,968 shares of the company’s stock after buying an additional 348,680 shares during the quarter. Kestra Advisory Services LLC owned about 1.06% of Fidelity High Dividend ETF worth $108,644,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Global Assets Advisory LLC purchased a new stake in shares of Fidelity High Dividend ETF in the first quarter worth about $36,000. Oakworth Capital Inc. purchased a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $42,000. Horrell Capital Management Inc. purchased a new position in Fidelity High Dividend ETF during the third quarter valued at approximately $46,000. Bessemer Group Inc. bought a new stake in Fidelity High Dividend ETF during the 1st quarter worth approximately $56,000. Finally, Godsey & Gibb Inc. bought a new stake in Fidelity High Dividend ETF during the 3rd quarter worth approximately $90,000.

Fidelity High Dividend ETF Price Performance

NYSEARCA FDVV opened at $61.86 on Friday. Fidelity High Dividend ETF has a 1 year low of $53.77 and a 1 year high of $64.54. The stock has a market capitalization of $10.40 billion, a PE ratio of 17.18 and a beta of 0.86. The company’s 50 day simple moving average is $62.14 and its two-hundred day simple moving average is $60.34.

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.