Corient Private Wealth LLC Buys 5,522 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Corient Private Wealth LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 179.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 8,594 shares of the company’s stock after acquiring an additional 5,522 shares during the quarter. Corient Private Wealth LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $688,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Osaic Holdings Inc. lifted its holdings in Fidelity NASDAQ Composite Index ETF by 52.8% during the 2nd quarter. Osaic Holdings Inc. now owns 331,471 shares of the company’s stock worth $26,582,000 after buying an additional 114,473 shares in the last quarter. American Trust acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at $464,000. Cape Investment Advisory Inc. raised its position in shares of Fidelity NASDAQ Composite Index ETF by 116.4% during the second quarter. Cape Investment Advisory Inc. now owns 1,296 shares of the company’s stock worth $104,000 after acquiring an additional 697 shares during the last quarter. Hershey Financial Advisers LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the second quarter worth $1,613,000. Finally, Equitable Holdings Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 19.3% during the second quarter. Equitable Holdings Inc. now owns 45,141 shares of the company’s stock valued at $3,616,000 after acquiring an additional 7,303 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Down 0.1%

Fidelity NASDAQ Composite Index ETF stock opened at $92.80 on Friday. The business’s 50-day simple moving average is $91.43 and its 200 day simple moving average is $86.64. The stock has a market cap of $9.37 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 12-month low of $58.12 and a 12-month high of $94.49.

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 $0.147 dividend. This is a boost 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 annualized dividend and a dividend yield of 0.6%.

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. 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.