Delta Financial Group Inc. Makes New Investment in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Delta Financial Group Inc. acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 5,710 shares of the company’s stock, valued at approximately $434,000.

Other large investors have also modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter worth approximately $25,000. Fifth Third Bancorp purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $38,000. Red Tortoise LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $41,000. Geneos Wealth Management Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter worth $51,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter worth $76,000.

Fidelity NASDAQ Composite Index ETF Trading Down 2.4 %

ONEQ stock opened at $76.85 on Monday. The company has a market cap of $7.68 billion, a PE ratio of 33.15 and a beta of 1.13. The stock has a 50-day moving average price of $77.46 and a two-hundred day moving average price of $74.03. Fidelity NASDAQ Composite Index ETF has a 12-month low of $59.98 and a 12-month high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued 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 0.87%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.