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

Kestra Advisory Services LLC increased its stake in Fidelity High Dividend ETF (NYSEARCA:FDVV) by 16.6% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,077,418 shares of the company’s stock after acquiring an additional 153,640 shares during the quarter. Kestra Advisory Services LLC owned approximately 0.69% of Fidelity High Dividend ETF worth $59,517,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in FDVV. Smithfield Trust Co grew its position in shares of Fidelity High Dividend ETF by 2.4% in the fourth quarter. Smithfield Trust Co now owns 7,600 shares of the company’s stock valued at $431,000 after purchasing an additional 175 shares during the period. Meridian Wealth Management LLC raised its position in shares of Fidelity High Dividend ETF by 4.5% during the 4th quarter. Meridian Wealth Management LLC now owns 4,164 shares of the company’s stock worth $236,000 after purchasing an additional 179 shares during the last quarter. Harbor Asset Planning Inc. raised its position in shares of Fidelity High Dividend ETF by 0.8% during the 1st quarter. Harbor Asset Planning Inc. now owns 22,824 shares of the company’s stock worth $1,261,000 after purchasing an additional 182 shares during the last quarter. Sweeney & Michel LLC lifted its stake in Fidelity High Dividend ETF by 1.4% in the 1st quarter. Sweeney & Michel LLC now owns 17,981 shares of the company’s stock valued at $1,034,000 after buying an additional 245 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in Fidelity High Dividend ETF by 0.8% in the 4th quarter. Sunbelt Securities Inc. now owns 32,071 shares of the company’s stock valued at $1,818,000 after buying an additional 246 shares in the last quarter.

Fidelity High Dividend ETF Trading Up 0.4%

FDVV stock opened at $61.77 on Friday. Fidelity High Dividend ETF has a 12-month low of $52.48 and a 12-month high of $62.06. The stock has a market cap of $9.97 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The business’s 50-day moving average is $60.49 and its 200 day moving average is $58.55.

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.