Kestra Advisory Services LLC raised its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV – Free Report) by 16.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,077,418 shares of the company’s stock after buying an additional 153,640 shares during the quarter. Kestra Advisory Services LLC’s holdings in Fidelity High Dividend ETF were worth $59,517,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of FDVV. Federation des caisses Desjardins du Quebec purchased a new position in shares of Fidelity High Dividend ETF in the fourth quarter worth about $25,000. Monetary Solutions Ltd acquired a new position in Fidelity High Dividend ETF during the fourth quarter worth about $26,000. Darwin Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the second quarter worth about $27,000. Optima Capital LLC purchased a new stake in Fidelity High Dividend ETF during the 4th quarter valued at about $33,000. Finally, Dunhill Financial LLC purchased a new stake in Fidelity High Dividend ETF during the 4th quarter valued at about $41,000.
Fidelity High Dividend ETF Trading Up 0.4%
FDVV stock opened at $61.77 on Friday. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 12 month low of $52.48 and a 12 month high of $62.06. The firm has a 50-day moving average of $60.49 and a two-hundred day moving average of $58.55.
Fidelity High Dividend ETF 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.
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