Facet Wealth Inc. Makes New $595,000 Investment in Fidelity NASDAQ Composite Index ETF $ONEQ

Facet Wealth Inc. purchased a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 3rd quarter, Holdings Channel reports. The firm purchased 6,675 shares of the company’s stock, valued at approximately $595,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. DHJJ Financial Advisors Ltd. increased its holdings 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 worth $30,000 after buying an additional 319 shares in the last quarter. Private Trust Co. NA boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.7% during the 2nd quarter. Private Trust Co. NA now owns 890 shares of the company’s stock valued at $71,000 after acquiring an additional 140 shares during the last quarter. RMG Wealth Management LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at about $73,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the third quarter valued at approximately $85,000. Finally, Darwin Wealth Management LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the second quarter valued at approximately $87,000.

Fidelity NASDAQ Composite Index ETF Stock Up 0.9%

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $92.15 on Friday. Fidelity NASDAQ Composite Index ETF has a twelve month low of $58.12 and a twelve month high of $94.49. The company’s 50 day moving average is $91.56 and its 200 day moving average is $88.40. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

Fidelity NASDAQ Composite Index ETF Company 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.