Park Avenue Securities LLC Has $1.06 Million Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Park Avenue Securities LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 283.6% during the 3rd quarter, Holdings Channel.com reports. The fund owned 11,938 shares of the company’s stock after purchasing an additional 8,826 shares during the quarter. Park Avenue Securities LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,064,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ONEQ. Commonwealth Equity Services LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 12.2% in the second quarter. Commonwealth Equity Services LLC now owns 1,419,678 shares of the company’s stock worth $113,716,000 after purchasing an additional 154,160 shares during the last quarter. Heck Capital Advisors LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 37.9% during the second quarter. Heck Capital Advisors LLC now owns 608,702 shares of the company’s stock valued at $48,757,000 after buying an additional 167,440 shares during the last quarter. Bank of America Corp DE grew its holdings in Fidelity NASDAQ Composite Index ETF by 4.0% during the second quarter. Bank of America Corp DE now owns 569,103 shares of the company’s stock worth $45,585,000 after buying an additional 21,951 shares in the last quarter. LJI Wealth Management LLC raised its position in Fidelity NASDAQ Composite Index ETF by 6.3% in the 2nd quarter. LJI Wealth Management LLC now owns 352,362 shares of the company’s stock valued at $28,224,000 after buying an additional 20,803 shares during the last quarter. Finally, Osaic Holdings Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 52.8% in the 2nd quarter. Osaic Holdings Inc. now owns 331,471 shares of the company’s stock valued at $26,582,000 after buying an additional 114,473 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 0.2%

Shares of NASDAQ:ONEQ opened at $93.17 on Wednesday. The stock has a market cap of $9.51 billion, a PE ratio of 28.20 and a beta of 1.15. The stock’s fifty day simple moving average is $91.50 and its two-hundred day simple moving average is $87.95. Fidelity NASDAQ Composite Index ETF has a 1-year low of $58.12 and a 1-year high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a yield of 0.6%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 19th.

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.