Envestnet Asset Management Inc. Acquires 20,710 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Envestnet Asset Management Inc. increased its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 45.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,310 shares of the company’s stock after purchasing an additional 20,710 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.07% of Fidelity NASDAQ Composite Index ETF worth $5,910,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp grew its holdings in Fidelity NASDAQ Composite Index ETF by 12.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 96,566 shares of the company’s stock valued at $8,537,000 after buying an additional 10,378 shares in the last quarter. Gimbal Financial boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 40.7% during the third quarter. Gimbal Financial now owns 3,561 shares of the company’s stock worth $317,000 after acquiring an additional 1,030 shares during the last quarter. Lebenthal Global Advisors LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 1.4% during the third quarter. Lebenthal Global Advisors LLC now owns 365,954 shares of the company’s stock worth $32,617,000 after acquiring an additional 4,992 shares during the last quarter. Mutual Advisors LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 51.7% during the third quarter. Mutual Advisors LLC now owns 6,878 shares of the company’s stock valued at $620,000 after acquiring an additional 2,345 shares in the last quarter. Finally, Thrivent Financial for Lutherans bought a new stake in Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at $15,934,000.

Fidelity NASDAQ Composite Index ETF Stock Up 0.8%

Shares of ONEQ stock opened at $90.07 on Friday. The company’s fifty day simple moving average is $91.53 and its two-hundred day simple moving average is $89.75. Fidelity NASDAQ Composite Index ETF has a 52 week low of $58.12 and a 52 week high of $94.49. The stock has a market cap of $9.15 billion, a P/E ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were paid a dividend of $0.147 per share. The ex-dividend date of this dividend was Friday, December 19th. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%.

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. 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.