Fidelity NASDAQ Composite Index ETF $ONEQ Stock Position Increased by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC raised its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 131.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,266 shares of the company’s stock after purchasing an additional 54,591 shares during the period. Gateway Wealth Partners LLC owned 0.09% of Fidelity NASDAQ Composite Index ETF worth $8,174,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Modera Wealth Management LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at approximately $728,000. AE Wealth Management LLC boosted its position in Fidelity NASDAQ Composite Index ETF by 7.5% during the 4th quarter. AE Wealth Management LLC now owns 82,005 shares of the company’s stock worth $7,495,000 after acquiring an additional 5,756 shares during the period. RiverTree Advisors LLC acquired a new position in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $1,476,000. Keenan LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $6,082,000. Finally, Smith Chas P & Associates PA Cpas grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 18.7% in 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.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $98.35 on Monday. Fidelity NASDAQ Composite Index ETF has a one year low of $80.76 and a one year high of $107.07. The stock’s fifty day moving average is $102.65 and its 200-day moving average is $95.61. The firm has a market capitalization of $10.20 billion, a price-to-earnings ratio of 28.20 and a beta of 1.21.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.143 per share. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Thursday, June 18th. This represents a $0.57 annualized dividend and a dividend yield of 0.6%.

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.