Verus Capital Partners LLC Sells 787 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Verus Capital Partners LLC trimmed its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 9.6% in the third quarter, Holdings Channel.com reports. The fund owned 7,392 shares of the company’s stock after selling 787 shares during the quarter. Verus Capital Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $529,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ONEQ. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter worth about $38,000. Northwest Investment Counselors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the third quarter worth approximately $57,000. International Assets Investment Management LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the second quarter worth approximately $69,000. Ashton Thomas Securities LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the third quarter valued at approximately $107,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 62.9% during the 2nd quarter. GAMMA Investing LLC now owns 2,331 shares of the company’s stock worth $163,000 after buying an additional 900 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Down 0.2 %

Shares of ONEQ stock opened at $76.01 on Wednesday. Fidelity NASDAQ Composite Index ETF has a 52 week low of $54.00 and a 52 week high of $76.37. The firm has a 50 day moving average of $71.35 and a 200-day moving average of $69.24. The company has a market cap of $7.31 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were issued a dividend of $0.113 per share. The ex-dividend date was Friday, September 20th. This represents a $0.45 annualized dividend and a dividend yield of 0.59%.

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.