Kingsview Wealth Management LLC Sells 51,862 Shares of Fidelity High Dividend ETF (NYSEARCA:FDVV)

Kingsview Wealth Management LLC decreased its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 65.5% during the third quarter, Holdings Channel reports. The firm owned 27,273 shares of the company’s stock after selling 51,862 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Fidelity High Dividend ETF were worth $1,381,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in FDVV. Darwin Wealth Management LLC bought a new stake in shares of Fidelity High Dividend ETF in the third quarter worth $25,000. EverSource Wealth Advisors LLC purchased a new position in Fidelity High Dividend ETF in the first quarter worth about $35,000. Hantz Financial Services Inc. bought a new stake in Fidelity High Dividend ETF during the 2nd quarter worth approximately $51,000. ICA Group Wealth Management LLC lifted its holdings in Fidelity High Dividend ETF by 105.5% during the second quarter. ICA Group Wealth Management LLC now owns 3,029 shares of the company’s stock valued at $142,000 after purchasing an additional 1,555 shares in the last quarter. Finally, Baker Avenue Asset Management LP bought a new position in shares of Fidelity High Dividend ETF in the third quarter worth approximately $205,000.

Fidelity High Dividend ETF Price Performance

Shares of NYSEARCA FDVV opened at $52.51 on Wednesday. The stock has a market cap of $3.03 billion, a PE ratio of 11.51 and a beta of 0.82. Fidelity High Dividend ETF has a 1 year low of $40.10 and a 1 year high of $52.72. The firm has a fifty day moving average price of $51.08 and a 200-day moving average price of $48.99.

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.