Smartleaf Asset Management LLC Buys 10,654 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Smartleaf Asset Management LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 45.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,919 shares of the company’s stock after buying an additional 10,654 shares during the quarter. Smartleaf Asset Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,014,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of ONEQ. Private Trust Co. NA boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 18.7% in the second quarter. Private Trust Co. NA now owns 890 shares of the company’s stock valued at $71,000 after acquiring an additional 140 shares during the period. Grey Fox Wealth Advisors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth approximately $85,000. Darwin Wealth Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 2nd quarter worth approximately $87,000. Cape Investment Advisory Inc. lifted its stake in Fidelity NASDAQ Composite Index ETF by 116.4% in the 2nd quarter. Cape Investment Advisory Inc. now owns 1,296 shares of the company’s stock worth $104,000 after purchasing an additional 697 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in Fidelity NASDAQ Composite Index ETF by 17.3% in the 2nd quarter. Allworth Financial LP now owns 1,530 shares of the company’s stock valued at $123,000 after purchasing an additional 226 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ opened at $90.54 on Monday. The firm has a market capitalization of $9.20 billion, a P/E ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a one year low of $58.12 and a one year high of $94.49. The company has a fifty day moving average price of $92.06 and a 200-day moving average price of $89.31.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.