Bay Colony Advisory Group Inc d b a Bay Colony Advisors Decreases Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Bay Colony Advisory Group Inc d b a Bay Colony Advisors lowered its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 7.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,514 shares of the company’s stock after selling 266 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in Fidelity NASDAQ Composite Index ETF were worth $267,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ONEQ. Newbridge Financial Services Group Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $25,000. Fifth Third Bancorp purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $38,000. Red Tortoise LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $41,000. Geneos Wealth Management Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $51,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $76,000.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $71.57 on Friday. The firm has a fifty day moving average price of $76.50 and a 200 day moving average price of $74.36. Fidelity NASDAQ Composite Index ETF has a 1 year low of $59.98 and a 1 year high of $79.75. The stock has a market cap of $7.15 billion, a PE ratio of 33.15 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a $0.168 dividend. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, December 20th. This represents a $0.67 dividend on an annualized basis and a yield of 0.94%.

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.