Koshinski Asset Management Inc. Acquires 17,558 Shares of Fidelity High Dividend ETF $FDVV

Koshinski Asset Management Inc. boosted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 32.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,866 shares of the company’s stock after purchasing an additional 17,558 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Fidelity High Dividend ETF were worth $3,970,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FDVV. Meramec Financial Planners LLC acquired a new stake in shares of Fidelity High Dividend ETF during the 1st quarter worth about $63,000. PFG Investments LLC boosted its holdings in shares of Fidelity High Dividend ETF by 4.8% during the 1st quarter. PFG Investments LLC now owns 32,883 shares of the company’s stock worth $1,816,000 after buying an additional 1,510 shares during the period. Baer Investment Advisory LLC acquired a new position in Fidelity High Dividend ETF in the 1st quarter valued at about $30,326,000. World Investment Advisors grew its stake in Fidelity High Dividend ETF by 1.2% in the 1st quarter. World Investment Advisors now owns 285,894 shares of the company’s stock valued at $15,793,000 after buying an additional 3,312 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in Fidelity High Dividend ETF by 20.2% in the 1st quarter. Private Advisor Group LLC now owns 579,605 shares of the company’s stock valued at $32,017,000 after acquiring an additional 97,310 shares during the period.

Fidelity High Dividend ETF Price Performance

Shares of FDVV stock opened at $61.28 on Friday. The firm has a 50 day moving average price of $60.25 and a two-hundred day moving average price of $58.39. The company has a market capitalization of $9.90 billion, a PE 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.

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.