Focus Partners Wealth Trims Stock Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Focus Partners Wealth lessened its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 0.5% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 112,811 shares of the company’s stock after selling 562 shares during the period. Focus Partners Wealth owned 0.11% of Fidelity NASDAQ Composite Index ETF worth $7,678,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Integrity Alliance LLC. purchased a new stake in Fidelity NASDAQ Composite Index ETF in the first quarter valued at approximately $273,000. Jane Street Group LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter worth $3,330,000. Cape Investment Advisory Inc. raised its position in shares of Fidelity NASDAQ Composite Index ETF by 621.7% during the 1st quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock valued at $41,000 after buying an additional 516 shares in the last quarter. Pinnacle Family Advisors LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 1.2% during the 1st quarter. Pinnacle Family Advisors LLC now owns 23,175 shares of the company’s stock worth $1,577,000 after acquiring an additional 272 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 19.9% during the 1st quarter. NewEdge Advisors LLC now owns 25,377 shares of the company’s stock worth $1,727,000 after acquiring an additional 4,213 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 0.5%

Shares of NASDAQ ONEQ opened at $87.24 on Friday. The stock’s 50-day moving average is $83.66 and its 200 day moving average is $75.95. The stock has a market cap of $8.77 billion, a price-to-earnings ratio of 28.20 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 1-year low of $58.12 and a 1-year high of $87.33.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 0.5%. This is a positive change 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.