Cornerstone Wealth Management LLC Trims Stock Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Cornerstone Wealth Management LLC reduced its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 1.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,937 shares of the company’s stock after selling 639 shares during the period. Cornerstone Wealth Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,924,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. CENTRAL TRUST Co bought a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth approximately $34,000. Northwest Investment Counselors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the first quarter worth $52,000. Keener Financial Planning LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $61,000. GAMMA Investing LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $85,000. Finally, Larson Financial Group LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 21.4% during the 4th quarter. Larson Financial Group LLC now owns 1,447 shares of the company’s stock valued at $86,000 after buying an additional 255 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 1.0 %

Fidelity NASDAQ Composite Index ETF stock traded up $0.69 during mid-day trading on Thursday, hitting $71.62. The stock had a trading volume of 200,773 shares, compared to its average volume of 256,293. Fidelity NASDAQ Composite Index ETF has a one year low of $49.41 and a one year high of $71.65. The firm has a market capitalization of $6.80 billion, a P/E ratio of 33.60 and a beta of 1.13. The firm’s 50 day moving average is $66.66 and its 200 day moving average is $63.47.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were paid a $0.105 dividend. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend was Friday, June 21st.

Fidelity NASDAQ Composite Index ETF Company 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.