Fidelity NASDAQ Composite Index ETF $ONEQ Stock Holdings Lifted by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC grew its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 6.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 145,768 shares of the company’s stock after purchasing an additional 9,330 shares during the period. Fidelity NASDAQ Composite Index ETF comprises about 2.0% of Commonwealth Financial Services LLC’s holdings, making the stock its 11th largest position. Commonwealth Financial Services LLC owned approximately 0.14% of Fidelity NASDAQ Composite Index ETF worth $12,377,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 494.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 329,154 shares of the company’s stock valued at $30,085,000 after buying an additional 273,803 shares during the last quarter. Align Financial LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth approximately $27,128,000. Lebenthal Global Advisors LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 42.4% in the fourth quarter. Lebenthal Global Advisors LLC now owns 521,216 shares of the company’s stock worth $47,639,000 after buying an additional 155,262 shares during the last quarter. Kestra Advisory Services LLC raised its position in Fidelity NASDAQ Composite Index ETF by 21.4% during the first quarter. Kestra Advisory Services LLC now owns 510,241 shares of the company’s stock valued at $43,325,000 after acquiring an additional 89,794 shares in the last quarter. Finally, LPL Financial LLC raised its position in Fidelity NASDAQ Composite Index ETF by 7.8% during the fourth quarter. LPL Financial LLC now owns 1,201,414 shares of the company’s stock valued at $109,809,000 after acquiring an additional 86,467 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ ONEQ opened at $100.45 on Monday. The stock has a market capitalization of $10.40 billion, a PE ratio of 28.20 and a beta of 1.21. The company has a 50 day moving average price of $103.00 and a two-hundred day moving average price of $95.31. Fidelity NASDAQ Composite Index ETF has a 12-month low of $80.76 and a 12-month high of $107.07.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $0.143 per share. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.57 annualized dividend and a yield of 0.6%.

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.