Sterling Investment Counsel LLC Buys New Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Sterling Investment Counsel LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 10,462 shares of the company’s stock, valued at approximately $933,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 1,379.1% during the second quarter. Steward Partners Investment Advisory LLC now owns 188,842 shares of the company’s stock valued at $15,126,000 after acquiring an additional 176,075 shares in the last quarter. Heck Capital Advisors LLC grew its position in Fidelity NASDAQ Composite Index ETF by 37.9% in the 2nd quarter. Heck Capital Advisors LLC now owns 608,702 shares of the company’s stock valued at $48,757,000 after purchasing an additional 167,440 shares during the period. Commonwealth Equity Services LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 12.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,419,678 shares of the company’s stock valued at $113,716,000 after purchasing an additional 154,160 shares in the last quarter. Osaic Holdings Inc. increased its stake in Fidelity NASDAQ Composite Index ETF by 52.8% during the 2nd quarter. Osaic Holdings Inc. now owns 331,471 shares of the company’s stock valued at $26,582,000 after purchasing an additional 114,473 shares in the last quarter. Finally, Elevation Capital Advisory LLC acquired a new position in Fidelity NASDAQ Composite Index ETF during the second quarter worth $8,916,000.

Fidelity NASDAQ Composite Index ETF Trading Down 0.8%

Fidelity NASDAQ Composite Index ETF stock opened at $91.40 on Friday. The firm has a market capitalization of $9.23 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15. The firm’s fifty day moving average price is $91.57 and its two-hundred day moving average price is $86.98. Fidelity NASDAQ Composite Index ETF has a 1-year low of $58.12 and a 1-year high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Friday, December 19th were paid a dividend of $0.147 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 19th. This represents a $0.59 dividend on an annualized basis and a yield of 0.6%.

Fidelity NASDAQ Composite Index ETF Company 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.