GAMMA Investing LLC Takes $85,000 Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

GAMMA Investing LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 1,431 shares of the company’s stock, valued at approximately $85,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CENTRAL TRUST Co acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at approximately $34,000. Baystate Wealth Management LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 246.0% in the third quarter. Baystate Wealth Management LLC now owns 865 shares of the company’s stock valued at $45,000 after purchasing an additional 615 shares during the last quarter. Keener Financial Planning LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at approximately $61,000. Larson Financial Group LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 21.4% in the fourth quarter. Larson Financial Group LLC now owns 1,447 shares of the company’s stock valued at $86,000 after purchasing an additional 255 shares during the last quarter. Finally, Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 50.2% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,502 shares of the company’s stock valued at $78,000 after purchasing an additional 502 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

NASDAQ:ONEQ opened at $62.89 on Tuesday. Fidelity NASDAQ Composite Index ETF has a one year low of $46.81 and a one year high of $65.09. The stock has a market cap of $5.97 billion, a PE ratio of 32.46 and a beta of 1.13. The stock has a 50 day moving average price of $63.28 and a 200 day moving average price of $59.39.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 18th were paid a dividend of $0.112 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $0.45 annualized dividend and a yield of 0.71%.

About Fidelity NASDAQ Composite Index ETF

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.