Align Financial LLC Invests $27.13 Million in Fidelity NASDAQ Composite Index ETF $ONEQ

Align Financial LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 271,275 shares of the company’s stock, valued at approximately $27,128,000.

Other institutional investors also recently modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 57.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock worth $31,000 after purchasing an additional 125 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 442.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after purchasing an additional 310 shares during the last quarter. Clearstead Advisors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth about $34,000. Finally, Prosperity Bancshares Inc acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $37,000.

Fidelity NASDAQ Composite Index ETF Price Performance

Fidelity NASDAQ Composite Index ETF stock opened at $102.52 on Thursday. The firm has a market capitalization of $10.43 billion, a PE ratio of 28.20 and a beta of 1.21. The company’s 50-day moving average is $100.17 and its 200-day moving average is $93.75. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $75.98 and a fifty-two week high of $107.07.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were paid a dividend of $0.111 per share. The ex-dividend date was Friday, March 20th. This represents a $0.44 annualized dividend and a dividend yield of 0.4%.

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.