Silicon Valley Capital Partners Sells 2,949 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Silicon Valley Capital Partners decreased its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,275 shares of the company’s stock after selling 2,949 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for approximately 1.1% of Silicon Valley Capital Partners’ holdings, making the stock its 27th largest position. Silicon Valley Capital Partners owned approximately 0.13% of Fidelity NASDAQ Composite Index ETF worth $9,833,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ONEQ. Heck Capital Advisors LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $18,258,000. Lebenthal Global Advisors LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 5,046.0% in the 4th quarter. Lebenthal Global Advisors LLC now owns 188,653 shares of the company’s stock valued at $14,349,000 after purchasing an additional 184,987 shares during the last quarter. FMR LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 12.7% in the 3rd quarter. FMR LLC now owns 912,041 shares of the company’s stock valued at $65,302,000 after purchasing an additional 102,970 shares during the last quarter. Spire Wealth Management acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $6,558,000. Finally, International Assets Investment Management LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 7,059.0% in the 3rd quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock valued at $50,640,000 after purchasing an additional 69,743 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ:ONEQ opened at $76.90 on Monday. Fidelity NASDAQ Composite Index ETF has a 52-week low of $59.98 and a 52-week high of $79.75. The company has a market capitalization of $7.68 billion, a P/E ratio of 33.60 and a beta of 1.13. The company has a 50-day simple moving average of $77.40 and a 200 day simple moving average of $73.19.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.