Fidelity NASDAQ Composite Index ETF $ONEQ Shares Sold by Madison Wealth Partners Inc

Madison Wealth Partners Inc reduced its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 5.5% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 236,096 shares of the company’s stock after selling 13,812 shares during the period. Fidelity NASDAQ Composite Index ETF comprises approximately 4.2% of Madison Wealth Partners Inc’s investment portfolio, making the stock its 8th largest position. Madison Wealth Partners Inc owned 0.23% of Fidelity NASDAQ Composite Index ETF worth $21,043,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in ONEQ. Brighton Jones LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 72.6% in the 4th quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock valued at $389,000 after purchasing an additional 2,153 shares during the last quarter. AQR Capital Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth $475,000. Integrated Wealth Concepts LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 11.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock valued at $345,000 after acquiring an additional 525 shares during the last quarter. Jane Street Group LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter valued at $3,330,000. Finally, Envestnet Asset Management Inc. grew its position in Fidelity NASDAQ Composite Index ETF by 13.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 45,600 shares of the company’s stock worth $3,653,000 after acquiring an additional 5,232 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 0.9%

Fidelity NASDAQ Composite Index ETF stock opened at $89.22 on Friday. The stock has a 50-day moving average price of $91.45 and a two-hundred day moving average price of $89.92. Fidelity NASDAQ Composite Index ETF has a 12 month low of $58.12 and a 12 month high of $94.49. The company has a market capitalization of $9.06 billion, a PE ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.