Independent Advisor Alliance Buys New Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Independent Advisor Alliance purchased a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQFree Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 9,567 shares of the company’s stock, valued at approximately $728,000.

Other institutional investors have also modified their holdings of the company. Cedar Point Capital Partners LLC lifted its holdings in Fidelity NASDAQ Composite Index ETF by 0.3% in the fourth quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock valued at $3,284,000 after acquiring an additional 134 shares during the period. Larson Financial Group LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock valued at $108,000 after purchasing an additional 239 shares in the last quarter. Beaumont Financial Advisors LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 3.8% in the 4th quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock valued at $618,000 after purchasing an additional 300 shares during the period. Newbridge Financial Services Group Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at $25,000. Finally, Mutual Advisors LLC raised its position in shares of Fidelity NASDAQ Composite Index ETF by 7.6% in the fourth quarter. Mutual Advisors LLC now owns 4,829 shares of the company’s stock worth $368,000 after acquiring an additional 342 shares during the period.

Fidelity NASDAQ Composite Index ETF Trading Up 2.7 %

NASDAQ ONEQ opened at $69.95 on Monday. The stock has a 50-day moving average of $75.76 and a 200 day moving average of $74.35. Fidelity NASDAQ Composite Index ETF has a twelve month low of $59.98 and a twelve month high of $79.75. The stock has a market capitalization of $6.99 billion, a price-to-earnings ratio of 29.43 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 paid a $0.168 dividend. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.96%.

About Fidelity NASDAQ Composite Index ETF

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ONEQ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQFree Report).

Institutional Ownership by Quarter for Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

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