KWB Wealth Has $5.55 Million Stock Holdings in Fidelity High Dividend ETF $FDVV

KWB Wealth boosted its holdings in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 52.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 106,753 shares of the company’s stock after acquiring an additional 36,797 shares during the quarter. KWB Wealth’s holdings in Fidelity High Dividend ETF were worth $5,553,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Assetmark Inc. raised its stake in shares of Fidelity High Dividend ETF by 80.5% during the second quarter. Assetmark Inc. now owns 473 shares of the company’s stock valued at $25,000 after acquiring an additional 211 shares during the last quarter. Darwin Wealth Management LLC bought a new position in Fidelity High Dividend ETF during the 2nd quarter worth $27,000. MB Levis & Associates LLC acquired a new position in Fidelity High Dividend ETF during the 2nd quarter worth about $28,000. Evermay Wealth Management LLC acquired a new position in Fidelity High Dividend ETF during the 2nd quarter worth about $31,000. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Fidelity High Dividend ETF in the 2nd quarter valued at about $32,000.

Fidelity High Dividend ETF Trading Down 0.2%

Shares of FDVV stock opened at $56.52 on Thursday. Fidelity High Dividend ETF has a 1-year low of $42.81 and a 1-year high of $57.44. The stock has a market cap of $7.43 billion, a price-to-earnings ratio of 17.18 and a beta of 0.92. The stock has a 50-day moving average of $56.14 and a 200-day moving average of $54.58.

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.