Variant Private Wealth LLC Invests $2.46 Million in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Variant Private Wealth LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 32,302 shares of the company’s stock, valued at approximately $2,457,000. Fidelity NASDAQ Composite Index ETF comprises approximately 2.3% of Variant Private Wealth LLC’s portfolio, making the stock its 16th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cedar Point Capital Partners LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 0.3% in the fourth quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock valued at $3,284,000 after buying an additional 134 shares during the last quarter. Baker Avenue Asset Management LP increased its holdings in Fidelity NASDAQ Composite Index ETF by 6.1% in the third quarter. Baker Avenue Asset Management LP now owns 3,777 shares of the company’s stock valued at $270,000 after buying an additional 217 shares during the last quarter. Larson Financial Group LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 18.8% in the third quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock valued at $108,000 after buying an additional 239 shares during the last quarter. Beaumont Financial Advisors LLC grew its holdings in shares of Fidelity NASDAQ Composite Index ETF by 3.8% during the fourth quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock valued at $618,000 after purchasing an additional 300 shares during the last quarter. Finally, SteelPeak Wealth LLC grew its holdings in shares of Fidelity NASDAQ Composite Index ETF by 3.3% during the third quarter. SteelPeak Wealth LLC now owns 9,799 shares of the company’s stock valued at $702,000 after purchasing an additional 314 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 2.4 %

NASDAQ:ONEQ opened at $76.85 on Friday. The firm has a market capitalization of $7.70 billion, a PE ratio of 33.15 and a beta of 1.11. The stock has a 50 day moving average of $77.49 and a 200-day moving average of $73.80. Fidelity NASDAQ Composite Index ETF has a 52 week low of $59.98 and a 52 week high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.