Thrivent Financial for Lutherans Makes New $15.93 Million Investment in Fidelity NASDAQ Composite Index ETF $ONEQ

Thrivent Financial for Lutherans bought a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 178,769 shares of the company’s stock, valued at approximately $15,934,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Steward Partners Investment Advisory LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 1,379.1% in the second quarter. Steward Partners Investment Advisory LLC now owns 188,842 shares of the company’s stock worth $15,126,000 after purchasing an additional 176,075 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 12.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,419,678 shares of the company’s stock worth $113,716,000 after buying an additional 154,160 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 52.8% in the 2nd quarter. Osaic Holdings Inc. now owns 331,471 shares of the company’s stock valued at $26,582,000 after buying an additional 114,473 shares during the period. Elevation Capital Advisory LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at about $8,916,000. Finally, The Manufacturers Life Insurance Company raised its stake in Fidelity NASDAQ Composite Index ETF by 100.9% during the second quarter. The Manufacturers Life Insurance Company now owns 160,700 shares of the company’s stock worth $12,872,000 after acquiring an additional 80,700 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Down 1.5%

Shares of ONEQ stock opened at $91.44 on Wednesday. The company has a market cap of $9.29 billion, a P/E ratio of 28.20 and a beta of 1.15. The business has a 50 day moving average of $92.18 and a two-hundred day moving average of $89.15. Fidelity NASDAQ Composite Index ETF has a 52 week low of $58.12 and a 52 week high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 0.6%. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14.

About Fidelity NASDAQ Composite Index ETF

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.