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

Koshinski Asset Management Inc. lifted its position in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 32.3% in the first quarter, Holdings Channel reports. The institutional investor owned 71,866 shares of the company’s stock after acquiring an additional 17,558 shares during the period. Koshinski Asset Management Inc.’s holdings in Fidelity High Dividend ETF were worth $3,970,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Base Wealth Management LLC boosted its holdings in Fidelity High Dividend ETF by 27.5% in the 4th quarter. Base Wealth Management LLC now owns 144,060 shares of the company’s stock valued at $8,167,000 after purchasing an additional 31,041 shares during the period. North Star Asset Management Inc. bought a new position in shares of Fidelity High Dividend ETF during the fourth quarter worth approximately $482,000. Sovran Advisors LLC raised its position in shares of Fidelity High Dividend ETF by 214.7% in the fourth quarter. Sovran Advisors LLC now owns 34,774 shares of the company’s stock valued at $1,999,000 after buying an additional 23,725 shares in the last quarter. Savvy Advisors Inc. raised its position in shares of Fidelity High Dividend ETF by 55.6% in the fourth quarter. Savvy Advisors Inc. now owns 50,482 shares of the company’s stock valued at $2,862,000 after buying an additional 18,037 shares in the last quarter. Finally, Childress Capital Advisors LLC boosted its stake in shares of Fidelity High Dividend ETF by 4.8% in the fourth quarter. Childress Capital Advisors LLC now owns 804,703 shares of the company’s stock valued at $45,619,000 after buying an additional 36,855 shares during the period.

Fidelity High Dividend ETF Stock Performance

Shares of FDVV stock opened at $61.28 on Friday. The stock has a market cap of $9.90 billion, a P/E ratio of 17.18 and a beta of 0.86. Fidelity High Dividend ETF has a 1 year low of $52.48 and a 1 year high of $62.06. The stock has a 50 day simple moving average of $60.25 and a 200 day simple moving average of $58.39.

About Fidelity High Dividend ETF

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.