KFG Wealth Management LLC Purchases 3,323 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

KFG Wealth Management LLC increased its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 26.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 15,744 shares of the company’s stock after purchasing an additional 3,323 shares during the period. KFG Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $786,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of FDVV. Commonwealth Equity Services LLC raised its position in shares of 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 valued at $140,229,000 after purchasing an additional 287,984 shares during the period. Systelligence LLC bought a new position in Fidelity High Dividend ETF in the 3rd quarter valued at about $14,355,000. Kestra Investment Management LLC acquired a new stake in Fidelity High Dividend ETF during the second quarter worth approximately $12,937,000. Childress Capital Advisors LLC boosted its holdings in shares of Fidelity High Dividend ETF by 38.5% during the third quarter. Childress Capital Advisors LLC now owns 759,709 shares of the company’s stock worth $38,479,000 after acquiring an additional 211,267 shares during the period. Finally, Cetera Investment Advisers grew its position in shares of Fidelity High Dividend ETF by 41.2% in the second quarter. Cetera Investment Advisers now owns 543,198 shares of the company’s stock valued at $25,411,000 after purchasing an additional 158,465 shares during the last quarter.

Fidelity High Dividend ETF Trading Down 0.1 %

NYSEARCA:FDVV opened at $51.41 on Friday. The stock has a 50 day simple moving average of $51.05 and a 200 day simple moving average of $50.15. The stock has a market cap of $2.97 billion, a P/E ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1-year low of $42.53 and a 1-year high of $52.78.

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.