Hershey Financial Advisers LLC Purchases New Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Hershey Financial Advisers LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 20,140 shares of the company’s stock, valued at approximately $1,613,000. Fidelity NASDAQ Composite Index ETF accounts for about 1.4% of Hershey Financial Advisers LLC’s portfolio, making the stock its 27th biggest position.

Other hedge funds have also recently bought and sold shares of the company. DHJJ Financial Advisors Ltd. grew its position in shares of Fidelity NASDAQ Composite Index ETF by 531.7% in the second quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock valued at $30,000 after purchasing an additional 319 shares during the last quarter. WPG Advisers LLC bought a new position in Fidelity NASDAQ Composite Index ETF during the 1st quarter worth $32,000. Cape Investment Advisory Inc. lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 621.7% during the first quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock worth $41,000 after buying an additional 516 shares in the last quarter. Private Trust Co. NA lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.7% during the second quarter. Private Trust Co. NA now owns 890 shares of the company’s stock worth $71,000 after buying an additional 140 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at about $73,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ stock opened at $91.36 on Friday. Fidelity NASDAQ Composite Index ETF has a 52 week low of $58.12 and a 52 week high of $94.49. The company has a market capitalization of $9.23 billion, a PE ratio of 28.20 and a beta of 1.15. The company’s 50-day simple moving average is $90.97 and its 200 day simple moving average is $85.56.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Friday, September 19th were issued a dividend of $0.137 per share. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12. This represents a $0.55 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, September 19th.

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.