Cerity Partners LLC Sells 6,068 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Cerity Partners LLC lessened its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 21.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 22,466 shares of the company’s stock after selling 6,068 shares during the quarter. Cerity Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,529,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 40.0% in the 4th quarter. LPL Financial LLC now owns 1,079,347 shares of the company’s stock worth $82,095,000 after buying an additional 308,242 shares in the last quarter. Bank of America Corp DE grew its position in shares of Fidelity NASDAQ Composite Index ETF by 6.3% during the fourth quarter. Bank of America Corp DE now owns 580,170 shares of the company’s stock worth $44,128,000 after purchasing an additional 34,324 shares in the last quarter. JPMorgan Chase & Co. raised its stake in Fidelity NASDAQ Composite Index ETF by 310.9% during the 4th quarter. JPMorgan Chase & Co. now owns 470,444 shares of the company’s stock valued at $35,782,000 after purchasing an additional 355,951 shares during the period. Two Sigma Investments LP raised its stake in Fidelity NASDAQ Composite Index ETF by 40.7% during the 4th quarter. Two Sigma Investments LP now owns 457,000 shares of the company’s stock valued at $34,759,000 after purchasing an additional 132,100 shares during the period. Finally, GeoWealth Management LLC lifted its holdings in Fidelity NASDAQ Composite Index ETF by 33,835.2% in the 4th quarter. GeoWealth Management LLC now owns 302,363 shares of the company’s stock worth $22,998,000 after purchasing an additional 301,472 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

NASDAQ ONEQ opened at $82.53 on Tuesday. The stock has a 50 day moving average price of $77.67 and a 200-day moving average price of $73.98. Fidelity NASDAQ Composite Index ETF has a one year low of $58.12 and a one year high of $82.94. The company has a market capitalization of $8.30 billion, a P/E ratio of 28.20 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Investors of record on Friday, June 20th were issued a dividend of $0.118 per share. The ex-dividend date of this dividend was Friday, June 20th. This represents a $0.47 dividend on an annualized basis and a yield of 0.57%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09.

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.