Defined Wealth Management LLC Lowers Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Defined Wealth Management LLC decreased its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 22,042 shares of the company’s stock after selling 255 shares during the period. Fidelity NASDAQ Composite Index ETF makes up about 1.1% of Defined Wealth Management LLC’s holdings, making the stock its 27th largest holding. Defined Wealth Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,677,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ONEQ. Decker Retirement Planning Inc. bought a new stake in Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at approximately $76,000. Cvfg LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $1,392,000. Safeguard Financial LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $209,000. Signal Advisors Wealth LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $335,000. Finally, Grandview Asset Management LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at $563,000.

Fidelity NASDAQ Composite Index ETF Stock Up 1.7 %

NASDAQ ONEQ opened at $77.40 on Friday. The stock’s 50-day simple moving average is $76.69 and its two-hundred day simple moving average is $72.58. Fidelity NASDAQ Composite Index ETF has a twelve month low of $58.77 and a twelve month high of $79.75. The company has a market capitalization of $7.72 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were issued a dividend of $0.168 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.87%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th.

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.