Fidelity NASDAQ Composite Index ETF $ONEQ Shares Acquired by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 44.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 136,844 shares of the company’s stock after purchasing an additional 42,395 shares during the quarter. Fidelity NASDAQ Composite Index ETF accounts for approximately 2.1% of Commonwealth Financial Services LLC’s holdings, making the stock its 11th biggest position. Commonwealth Financial Services LLC owned approximately 0.14% of Fidelity NASDAQ Composite Index ETF worth $12,197,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DHJJ Financial Advisors Ltd. increased its stake in Fidelity NASDAQ Composite Index ETF by 531.7% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock valued at $30,000 after buying an additional 319 shares during the period. Cape Investment Advisory Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 621.7% in the 1st quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock worth $41,000 after acquiring an additional 516 shares during the period. Private Trust Co. NA boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.7% in the second quarter. Private Trust Co. NA now owns 890 shares of the company’s stock valued at $71,000 after acquiring an additional 140 shares in the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at about $73,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the second quarter worth about $87,000.

Fidelity NASDAQ Composite Index ETF Stock Down 0.0%

NASDAQ ONEQ opened at $91.36 on Friday. The stock has a market capitalization of $9.30 billion, a P/E ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 52-week low of $58.12 and a 52-week high of $94.49. The firm has a 50-day moving average price of $91.57 and a 200 day moving average price of $87.08.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a dividend of $0.147 per share. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.6%.

Fidelity NASDAQ Composite Index ETF Profile

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.