Bay Colony Advisory Group Inc d b a Bay Colony Advisors Cuts Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lessened its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 15.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,968 shares of the company’s stock after selling 546 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Fidelity NASDAQ Composite Index ETF were worth $202,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ONEQ. TD Waterhouse Canada Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at approximately $30,000. Creative Financial Designs Inc. ADV boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 12.8% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,362 shares of the company’s stock valued at $104,000 after buying an additional 155 shares during the last quarter. Capital Investment Advisors LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth approximately $200,000. Sound Income Strategies LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 14.8% in the first quarter. Sound Income Strategies LLC now owns 2,965 shares of the company’s stock worth $202,000 after buying an additional 383 shares during the last quarter. Finally, Wealth Management Strategies Inc. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $255,000.

Fidelity NASDAQ Composite Index ETF Stock Down 0.6%

Shares of NASDAQ ONEQ opened at $76.44 on Friday. The stock’s 50 day moving average price is $72.50 and its two-hundred day moving average price is $73.68. Fidelity NASDAQ Composite Index ETF has a 52-week low of $58.12 and a 52-week high of $79.75. The stock has a market capitalization of $7.72 billion, a P/E ratio of 27.82 and a beta of 1.17.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th will be issued a $0.118 dividend. This represents a $0.47 dividend on an annualized basis and a yield of 0.62%. The ex-dividend date is Friday, June 20th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09.

About Fidelity NASDAQ Composite Index ETF

Fidelity Nasdaq Composite Index Tracking Stock (the Fund) is an exchange-traded fund . The Fund seeks to provide investment returns that closely correspond to the price and yield performance of the NASDAQ Composite Index (the Index). The Fund normally invests at least 80% of assets in common stocks included in the Index .The NASDAQ Composite Index is a market capitalization-weighted index that is designed to represent the performance of NASDAQ securities and includes over 3,000 stocks.