Smartleaf Asset Management LLC Raises Stock Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Smartleaf Asset Management LLC increased its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 45.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 33,919 shares of the company’s stock after purchasing an additional 10,654 shares during the period. Smartleaf Asset Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,014,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Capital Investment Advisory Services LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 58.7% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 37,672 shares of the company’s stock worth $3,358,000 after buying an additional 13,938 shares in the last quarter. Waterloo Capital L.P. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth $203,000. Bessemer Group Inc. lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 2.4% during the 3rd quarter. Bessemer Group Inc. now owns 37,895 shares of the company’s stock worth $3,378,000 after acquiring an additional 885 shares during the last quarter. Goodwin Investment Advisory grew its position in Fidelity NASDAQ Composite Index ETF by 5.1% in the third quarter. Goodwin Investment Advisory now owns 15,288 shares of the company’s stock worth $1,363,000 after acquiring an additional 742 shares in the last quarter. Finally, Savant Capital LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 24.9% in the third quarter. Savant Capital LLC now owns 5,739 shares of the company’s stock valued at $512,000 after acquiring an additional 1,145 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Up 2.1%

NASDAQ ONEQ opened at $90.54 on Monday. The stock’s 50-day simple moving average is $92.06 and its two-hundred day simple moving average is $89.31. Fidelity NASDAQ Composite Index ETF has a twelve month low of $58.12 and a twelve month high of $94.49. The company has a market capitalization of $9.20 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a dividend of $0.147 per share. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14.

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.