Bessemer Group Inc. Grows Stock Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Bessemer Group Inc. lifted its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 91.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 44,470 shares of the company’s stock after purchasing an additional 21,280 shares during the period. Bessemer Group Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,027,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. TD Waterhouse Canada Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth approximately $30,000. Creative Financial Designs Inc. ADV boosted its position in Fidelity NASDAQ Composite Index ETF by 12.8% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,362 shares of the company’s stock valued at $104,000 after buying an additional 155 shares during the last quarter. Capital Investment Advisors LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth about $200,000. Sound Income Strategies LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 14.8% during the first quarter. Sound Income Strategies LLC now owns 2,965 shares of the company’s stock worth $202,000 after purchasing an additional 383 shares during the last quarter. Finally, Inscription Capital LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth about $243,000.

Fidelity NASDAQ Composite Index ETF Stock Up 0.5%

ONEQ opened at $79.72 on Friday. The company’s 50-day moving average price is $73.87 and its 200 day moving average price is $73.70. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $58.12 and a fifty-two week high of $79.85. The firm has a market cap of $8.02 billion, a price-to-earnings ratio of 27.82 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 20th were paid a dividend of $0.118 per share. This represents a $0.47 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend was Friday, June 20th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09.

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.