Kingsview Wealth Management LLC Acquires 554 Shares of AB US High Dividend ETF (NYSEARCA:HIDV)

Kingsview Wealth Management LLC raised its holdings in AB US High Dividend ETF (NYSEARCA:HIDV) by 10.5% in the 4th quarter, HoldingsChannel reports. The firm owned 5,843 shares of the company’s stock after purchasing an additional 554 shares during the quarter. Kingsview Wealth Management LLC’s holdings in AB US High Dividend ETF were worth $421,000 at the end of the most recent reporting period.

AB US High Dividend ETF Stock Performance

Shares of HIDV opened at $74.10 on Friday. The stock has a fifty day moving average price of $73.18 and a two-hundred day moving average price of $71.71. AB US High Dividend ETF has a 52-week low of $60.21 and a 52-week high of $75.29. The company has a market cap of $14.82 million, a price-to-earnings ratio of 17.69 and a beta of 1.00.

AB US High Dividend ETF Profile

The AB US High Dividend ETF (HIDV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund of high dividend-paying companies. Selection is based on a proprietary systemic approach of large- and mid-cap US stocks. HIDV was launched on Mar 22, 2023 and is managed by AllianceBernstein.