LPL Financial LLC Grows Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

LPL Financial LLC boosted its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 0.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,081,779 shares of the company’s stock after purchasing an additional 2,432 shares during the period. LPL Financial LLC owned about 1.08% of Fidelity NASDAQ Composite Index ETF worth $73,631,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Wealthfront Advisers LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 11.5% in the 1st quarter. Wealthfront Advisers LLC now owns 705,032 shares of the company’s stock valued at $47,988,000 after purchasing an additional 72,912 shares in the last quarter. Bank of America Corp DE increased its position in Fidelity NASDAQ Composite Index ETF by 6.3% during the fourth quarter. Bank of America Corp DE now owns 580,170 shares of the company’s stock worth $44,128,000 after buying an additional 34,324 shares in the last quarter. JPMorgan Chase & Co. increased its position in Fidelity NASDAQ Composite Index ETF by 310.9% during the fourth quarter. JPMorgan Chase & Co. now owns 470,444 shares of the company’s stock worth $35,782,000 after buying an additional 355,951 shares in the last quarter. Two Sigma Investments LP increased its position in Fidelity NASDAQ Composite Index ETF by 40.7% during the fourth quarter. Two Sigma Investments LP now owns 457,000 shares of the company’s stock worth $34,759,000 after buying an additional 132,100 shares in the last quarter. Finally, LJI Wealth Management LLC increased its position in Fidelity NASDAQ Composite Index ETF by 4.0% during the first quarter. LJI Wealth Management LLC now owns 331,559 shares of the company’s stock worth $22,568,000 after buying an additional 12,762 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Fidelity NASDAQ Composite Index ETF stock opened at $83.21 on Thursday. The stock has a fifty day moving average of $78.92 and a two-hundred day moving average of $74.35. The company has a market capitalization of $8.36 billion, a price-to-earnings ratio of 28.20 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $58.12 and a fifty-two week high of $83.82.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were given a dividend of $0.118 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, June 20th. This represents a $0.47 annualized dividend and a yield of 0.57%.

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.