Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Shares Sold by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC reduced its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 3.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,155 shares of the company’s stock after selling 1,892 shares during the period. Cornerstone Wealth Management LLC owned approximately 0.06% of Fidelity NASDAQ Composite Index ETF worth $4,651,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in ONEQ. Northwest Investment Counselors LLC acquired a new position in Fidelity NASDAQ Composite Index ETF during the third quarter valued at $57,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 72.4% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 931 shares of the company’s stock valued at $67,000 after buying an additional 391 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at $76,000. Darwin Wealth Management LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the third quarter valued at $78,000. Finally, Ashton Thomas Securities LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the third quarter valued at $107,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ opened at $78.99 on Friday. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $59.71 and a fifty-two week high of $79.75. The company has a fifty day moving average of $76.81 and a two-hundred day moving average of $72.72. The stock has a market capitalization of $7.88 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were paid a dividend of $0.168 per share. The ex-dividend date was Friday, December 20th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.85%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.