Sunbelt Securities Inc. Sells 10,273 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Sunbelt Securities Inc. lessened its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 15.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 57,745 shares of the company’s stock after selling 10,273 shares during the period. Sunbelt Securities Inc. owned approximately 0.06% of Fidelity NASDAQ Composite Index ETF worth $4,903,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the business. LPL Financial LLC raised its holdings in Fidelity NASDAQ Composite Index ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 1,201,414 shares of the company’s stock worth $109,809,000 after buying an additional 86,467 shares during the period. Wealthfront Advisers LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 6.3% during the 4th quarter. Wealthfront Advisers LLC now owns 688,825 shares of the company’s stock worth $62,959,000 after buying an additional 40,983 shares in the last quarter. Bank of America Corp DE raised its holdings in Fidelity NASDAQ Composite Index ETF by 4.0% during the second quarter. Bank of America Corp DE now owns 569,103 shares of the company’s stock worth $45,585,000 after acquiring an additional 21,951 shares in the last quarter. Lebenthal Global Advisors LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 42.4% during the 4th quarter. Lebenthal Global Advisors LLC now owns 521,216 shares of the company’s stock worth $47,639,000 after purchasing an additional 155,262 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 21.4% in the first quarter. Kestra Advisory Services LLC now owns 510,241 shares of the company’s stock valued at $43,325,000 after acquiring an additional 89,794 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ:ONEQ opened at $98.01 on Wednesday. Fidelity NASDAQ Composite Index ETF has a 52-week low of $80.76 and a 52-week high of $107.07. The company has a market capitalization of $10.15 billion, a P/E ratio of 28.20 and a beta of 1.21. The company has a 50-day simple moving average of $102.48 and a 200 day simple moving average of $95.69.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.