Commonwealth Equity Services LLC cut its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ – Free Report) by 23.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 948,303 shares of the company’s stock after selling 287,613 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.91% of Fidelity NASDAQ Composite Index ETF worth $100,368,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of the company. Heck Capital Advisors LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 1.8% in the second quarter. Heck Capital Advisors LLC now owns 596,957 shares of the company’s stock valued at $61,618,000 after purchasing an additional 10,295 shares during the last quarter. Kestra Advisory Services LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 21.4% during the first quarter. Kestra Advisory Services LLC now owns 510,241 shares of the company’s stock worth $43,325,000 after buying an additional 89,794 shares in the last quarter. Wealthspire Retirement LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 6.8% during the first quarter. Wealthspire Retirement LLC now owns 468,223 shares of the company’s stock worth $39,757,000 after buying an additional 29,709 shares in the last quarter. LJI Wealth Management LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 2.1% during the third quarter. LJI Wealth Management LLC now owns 249,112 shares of the company’s stock worth $26,366,000 after buying an additional 5,036 shares during the last quarter. Finally, Commonwealth Financial Services LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 6.8% during the first quarter. Commonwealth Financial Services LLC now owns 145,768 shares of the company’s stock worth $12,377,000 after buying an additional 9,330 shares during the last quarter.
Fidelity NASDAQ Composite Index ETF Price Performance
Fidelity NASDAQ Composite Index ETF stock opened at $96.88 on Friday. The firm has a 50 day simple moving average of $104.27 and a 200-day simple moving average of $98.77. The stock has a market cap of $10.10 billion, a price-to-earnings ratio of 25.90 and a beta of 1.23. Fidelity NASDAQ Composite Index ETF has a 1-year low of $81.45 and a 1-year high of $109.24.
Fidelity NASDAQ Composite Index ETF Cuts Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Friday, September 18th were given a $0.1120 dividend. This is a drop from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.1430. The ex-dividend date was Friday, September 18th. This represents a $0.45 annualized dividend and a yield of 0.5%.
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. 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.
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