Envestnet Asset Management Inc. Buys 1,280 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Envestnet Asset Management Inc. boosted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 3.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,368 shares of the company’s stock after buying an additional 1,280 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $2,748,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ONEQ. Brighton Jones LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 72.6% in the 4th quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock valued at $389,000 after purchasing an additional 2,153 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 310.9% in 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 in the last quarter. Orion Portfolio Solutions LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 12.5% in the 4th quarter. Orion Portfolio Solutions LLC now owns 26,744 shares of the company’s stock valued at $2,034,000 after purchasing an additional 2,966 shares in the last quarter. Alliancebernstein L.P. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $982,000. Finally, Smith Moore & CO. raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 6.5% in the 4th quarter. Smith Moore & CO. now owns 5,439 shares of the company’s stock valued at $414,000 after purchasing an additional 332 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Up 0.2%

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $83.04 on Monday. The firm’s 50 day moving average price is $78.44 and its 200-day moving average price is $74.17. Fidelity NASDAQ Composite Index ETF has a 52-week low of $58.12 and a 52-week high of $83.23. The company has a market cap of $8.35 billion, a P/E ratio of 28.20 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.