Defined Wealth Management LLC Cuts Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Defined Wealth Management LLC trimmed its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 1.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,042 shares of the company’s stock after selling 255 shares during the period. Fidelity NASDAQ Composite Index ETF makes up approximately 1.1% of Defined Wealth Management LLC’s holdings, making the stock its 27th largest position. Defined Wealth Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,677,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Northwest Investment Counselors LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the third quarter valued at $57,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of Fidelity NASDAQ Composite Index ETF by 72.4% in the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 931 shares of the company’s stock worth $67,000 after purchasing an additional 391 shares during the last quarter. Decker Retirement Planning Inc. bought a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth about $76,000. Darwin Wealth Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at about $78,000. Finally, Ashton Thomas Securities LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at about $107,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ ONEQ opened at $77.40 on Friday. The firm’s 50 day moving average price is $76.69 and its 200-day moving average price is $72.58. The company has a market cap of $7.72 billion, a PE ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 52-week low of $58.77 and a 52-week high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were paid a dividend of $0.168 per share. This represents a $0.67 annualized dividend and a yield of 0.87%. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, December 20th.

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.