Facet Wealth Inc. Invests $595,000 in Fidelity NASDAQ Composite Index ETF $ONEQ

Facet Wealth Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,675 shares of the company’s stock, valued at approximately $595,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Commonwealth Equity Services LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 12.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,419,678 shares of the company’s stock worth $113,716,000 after buying an additional 154,160 shares during the last quarter. Heck Capital Advisors LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 1.2% in the third quarter. Heck Capital Advisors LLC now owns 616,117 shares of the company’s stock valued at $54,914,000 after acquiring an additional 7,415 shares in the last quarter. Bank of America Corp DE boosted its holdings in Fidelity NASDAQ Composite Index ETF by 4.0% in the second quarter. Bank of America Corp DE now owns 569,103 shares of the company’s stock valued at $45,585,000 after acquiring an additional 21,951 shares in the last quarter. LJI Wealth Management LLC increased its position in Fidelity NASDAQ Composite Index ETF by 6.3% during the 2nd quarter. LJI Wealth Management LLC now owns 352,362 shares of the company’s stock valued at $28,224,000 after purchasing an additional 20,803 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in Fidelity NASDAQ Composite Index ETF by 52.8% in the 2nd quarter. Osaic Holdings Inc. now owns 331,471 shares of the company’s stock worth $26,582,000 after purchasing an additional 114,473 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 0.9%

NASDAQ:ONEQ opened at $92.15 on Friday. The company has a 50-day moving average price of $91.56 and a 200-day moving average price of $88.40. Fidelity NASDAQ Composite Index ETF has a 12 month low of $58.12 and a 12 month high of $94.49. The stock has a market cap of $9.41 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were issued a $0.147 dividend. This represents a $0.59 annualized dividend and a yield of 0.6%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.