37,041 Shares in Fidelity NASDAQ Composite Index ETF $ONEQ Bought by Secure Asset Management LLC

Secure Asset Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 37,041 shares of the company’s stock, valued at approximately $3,823,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Keenan LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth approximately $6,082,000. Smith Chas P & Associates PA Cpas grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 18.7% during the fourth quarter. Smith Chas P & Associates PA Cpas now owns 150,919 shares of the company’s stock worth $13,794,000 after purchasing an additional 23,794 shares in the last quarter. LJI Wealth Management LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 9.7% in the fourth quarter. LJI Wealth Management LLC now owns 368,844 shares of the company’s stock valued at $33,712,000 after buying an additional 32,552 shares during the last quarter. Commonwealth Financial Services LLC raised its stake in Fidelity NASDAQ Composite Index ETF by 6.8% in the first quarter. Commonwealth Financial Services LLC now owns 145,768 shares of the company’s stock valued at $12,377,000 after buying an additional 9,330 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in Fidelity NASDAQ Composite Index ETF by 494.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 329,154 shares of the company’s stock worth $30,085,000 after purchasing an additional 273,803 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Down 1.0%

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $102.85 on Wednesday. Fidelity NASDAQ Composite Index ETF has a 52 week low of $81.45 and a 52 week high of $107.07. The firm’s 50 day moving average is $102.25 and its two-hundred day moving average is $97.67. The firm has a market capitalization of $10.68 billion, a P/E ratio of 28.20 and a beta of 1.22.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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