Cornerstone Wealth Management LLC Has $3.92 Million Stock Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Cornerstone Wealth Management LLC reduced its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 1.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 60,937 shares of the company’s stock after selling 639 shares during the period. Cornerstone Wealth Management LLC owned 0.06% of Fidelity NASDAQ Composite Index ETF worth $3,924,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. CENTRAL TRUST Co acquired a new position in Fidelity NASDAQ Composite Index ETF during the 4th quarter worth approximately $34,000. Northwest Investment Counselors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the first quarter worth approximately $52,000. Keener Financial Planning LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter worth $61,000. GAMMA Investing LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at $85,000. Finally, Larson Financial Group LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 21.4% during the 4th quarter. Larson Financial Group LLC now owns 1,447 shares of the company’s stock valued at $86,000 after purchasing an additional 255 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 1.0 %

Shares of ONEQ traded up $0.69 on Thursday, reaching $71.62. The company’s stock had a trading volume of 200,773 shares, compared to its average volume of 256,293. Fidelity NASDAQ Composite Index ETF has a twelve month low of $49.41 and a twelve month high of $71.65. The firm has a fifty day moving average of $66.66 and a 200-day moving average of $63.47. The stock has a market capitalization of $6.80 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st were paid a $0.105 dividend. The ex-dividend date of this dividend was Friday, June 21st. This represents a $0.42 dividend on an annualized basis and a yield of 0.59%.

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.