Secure Asset Management LLC Invests $690,000 in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Secure Asset Management LLC purchased a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,069 shares of the company’s stock, valued at approximately $690,000.

Several other institutional investors have also bought and sold shares of ONEQ. Envestnet Asset Management Inc. raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 11.2% in the second quarter. Envestnet Asset Management Inc. now owns 32,860 shares of the company’s stock valued at $2,298,000 after buying an additional 3,321 shares during the period. Renaissance Technologies LLC lifted its holdings in Fidelity NASDAQ Composite Index ETF by 30.8% during the second quarter. Renaissance Technologies LLC now owns 25,900 shares of the company’s stock valued at $1,811,000 after purchasing an additional 6,100 shares during the last quarter. Blair William & Co. IL bought a new position in Fidelity NASDAQ Composite Index ETF during the second quarter worth about $217,000. Oliver Lagore Vanvalin Investment Group increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 5.1% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 71,274 shares of the company’s stock worth $4,984,000 after purchasing an additional 3,479 shares in the last quarter. Finally, Creative Planning increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 6.7% in the second quarter. Creative Planning now owns 21,319 shares of the company’s stock worth $1,491,000 after purchasing an additional 1,341 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 0.5 %

Shares of ONEQ stock opened at $78.57 on Friday. The firm’s 50 day moving average is $76.88 and its 200 day moving average is $72.76. The stock has a market capitalization of $7.83 billion, a P/E ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12 month low of $59.71 and a 12 month high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were given a dividend of $0.168 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.67 annualized dividend and a dividend yield of 0.86%. This is an increase 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.