Blue Zone Wealth Advisors LLC Decreases Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Blue Zone Wealth Advisors LLC lowered its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 3.3% during the fourth quarter, HoldingsChannel reports. The firm owned 38,620 shares of the company’s stock after selling 1,315 shares during the period. Blue Zone Wealth Advisors LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $2,937,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Newbridge Financial Services Group Inc. purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $25,000. Fifth Third Bancorp purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $38,000. Red Tortoise LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth $41,000. Geneos Wealth Management Inc. purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $51,000. Finally, Northwest Investment Counselors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at about $57,000.

Fidelity NASDAQ Composite Index ETF Trading Up 0.4 %

Shares of ONEQ opened at $78.84 on Friday. The firm has a market cap of $7.88 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 $59.98 and a 12-month high of $79.75. The company’s 50-day moving average price is $77.45 and its 200 day moving average price is $73.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were issued a $0.168 dividend. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend 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.