KFA Private Wealth Group LLC Acquires 30,268 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

KFA Private Wealth Group LLC grew its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 208.3% in the first quarter, Holdings Channel reports. The institutional investor owned 44,797 shares of the company’s stock after acquiring an additional 30,268 shares during the period. Fidelity NASDAQ Composite Index ETF makes up 0.9% of KFA Private Wealth Group LLC’s investment portfolio, making the stock its 21st largest holding. KFA Private Wealth Group LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,804,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in ONEQ. Flagship Harbor Advisors LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter worth about $26,000. Newbridge Financial Services Group Inc. boosted its stake in Fidelity NASDAQ Composite Index ETF by 57.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares during the last quarter. Clearstead Advisors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth approximately $34,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 442.9% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after purchasing an additional 310 shares in the last quarter. Finally, Prosperity Bancshares Inc purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth approximately $37,000.

Fidelity NASDAQ Composite Index ETF Stock Down 0.4%

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $100.36 on Thursday. Fidelity NASDAQ Composite Index ETF has a 52 week low of $78.32 and a 52 week high of $107.07. The business has a 50 day moving average price of $101.48 and a 200-day moving average price of $94.11. The company has a market cap of $10.21 billion, a PE ratio of 28.20 and a beta of 1.21.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.143 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, June 18th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.