Taylor & Morgan Wealth Management LLC Sells 400 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Taylor & Morgan Wealth Management LLC cut its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 13.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,671 shares of the company’s stock after selling 400 shares during the period. Taylor & Morgan Wealth Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $203,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ONEQ. Envestnet Asset Management Inc. boosted its stake in Fidelity NASDAQ Composite Index ETF by 11.2% during the second quarter. Envestnet Asset Management Inc. now owns 32,860 shares of the company’s stock worth $2,298,000 after buying an additional 3,321 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 30.8% during the 2nd quarter. Renaissance Technologies LLC now owns 25,900 shares of the company’s stock worth $1,811,000 after purchasing an additional 6,100 shares during the period. Blair William & Co. IL bought a new position in Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at about $217,000. AE Wealth Management LLC raised its position in Fidelity NASDAQ Composite Index ETF by 45.9% in the 2nd quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock worth $18,910,000 after purchasing an additional 85,105 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in Fidelity NASDAQ Composite Index ETF by 0.7% in the second quarter. Thrivent Financial for Lutherans now owns 181,060 shares of the company’s stock worth $12,662,000 after purchasing an additional 1,297 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ ONEQ opened at $77.40 on Friday. The business’s 50 day moving average price is $76.69 and its 200-day moving average price is $72.59. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $58.77 and a fifty-two week high of $79.75. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were given a dividend of $0.168 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.87%.

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.