Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Stake Lowered by Mutual Advisors LLC

Mutual Advisors LLC reduced its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 6.2% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,531 shares of the company’s stock after selling 298 shares during the period. Mutual Advisors LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $310,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. increased its position in Fidelity NASDAQ Composite Index ETF by 310.9% in the 4th quarter. JPMorgan Chase & Co. now owns 470,444 shares of the company’s stock worth $35,782,000 after purchasing an additional 355,951 shares during the last quarter. LPL Financial LLC increased its position in Fidelity NASDAQ Composite Index ETF by 40.0% in the 4th quarter. LPL Financial LLC now owns 1,079,347 shares of the company’s stock worth $82,095,000 after purchasing an additional 308,242 shares during the last quarter. GeoWealth Management LLC increased its position in Fidelity NASDAQ Composite Index ETF by 33,835.2% in the 4th quarter. GeoWealth Management LLC now owns 302,363 shares of the company’s stock worth $22,998,000 after purchasing an additional 301,472 shares during the last quarter. Heck Capital Advisors LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth about $18,258,000. Finally, GAMMA Investing LLC increased its position in Fidelity NASDAQ Composite Index ETF by 6,706.5% in the 1st quarter. GAMMA Investing LLC now owns 158,660 shares of the company’s stock worth $10,800,000 after purchasing an additional 156,329 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of ONEQ stock opened at $80.35 on Wednesday. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $58.12 and a fifty-two week high of $81.14. The stock’s 50-day moving average is $75.82 and its two-hundred day moving average is $73.78. The firm has a market cap of $8.10 billion, a P/E ratio of 27.82 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were given a $0.118 dividend. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09. This represents a $0.47 annualized dividend and a yield of 0.59%. The ex-dividend date was Friday, June 20th.

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.