Fidelity High Dividend ETF $FDVV Shares Purchased by KFG Wealth Management LLC

KFG Wealth Management LLC lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 12.6% during the third quarter, Holdings Channel reports. The fund owned 75,583 shares of the company’s stock after buying an additional 8,454 shares during the quarter. KFG Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $4,590,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in Fidelity High Dividend ETF by 6.1% in the second quarter. Envestnet Asset Management Inc. now owns 2,581,834 shares of the company’s stock worth $155,659,000 after purchasing an additional 148,465 shares during the period. Retirement Planning Group LLC increased its stake in Fidelity High Dividend ETF by 9.4% in the first quarter. Retirement Planning Group LLC now owns 2,532,542 shares of the company’s stock valued at $139,898,000 after purchasing an additional 217,772 shares in the last quarter. Bank of America Corp DE increased its stake in Fidelity High Dividend ETF by 4.6% in the first quarter. Bank of America Corp DE now owns 2,367,217 shares of the company’s stock valued at $130,765,000 after purchasing an additional 104,028 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Fidelity High Dividend ETF by 15.7% during the first quarter. Cetera Investment Advisers now owns 2,017,386 shares of the company’s stock valued at $111,440,000 after purchasing an additional 273,148 shares during the period. Finally, Kestra Advisory Services LLC raised its holdings in shares of Fidelity High Dividend ETF by 16.6% during the first quarter. Kestra Advisory Services LLC now owns 1,077,418 shares of the company’s stock valued at $59,517,000 after purchasing an additional 153,640 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock traded down $0.11 on Friday, reaching $61.68. 640,196 shares of the company were exchanged, compared to its average volume of 858,236. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. The company has a 50-day moving average of $62.51 and a 200-day moving average of $61.03. Fidelity High Dividend ETF has a one year low of $53.77 and a one year high of $64.54.

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.