HUB Investment Partners LLC Buys 7,176 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

HUB Investment Partners LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 101.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,251 shares of the company’s stock after acquiring an additional 7,176 shares during the period. HUB Investment Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,270,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Clearstead Advisors LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at about $34,000. Assetmark Inc. increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 31.2% in the 3rd quarter. Assetmark Inc. now owns 505 shares of the company’s stock valued at $45,000 after purchasing an additional 120 shares during the last quarter. Dunhill Financial LLC increased its position in Fidelity NASDAQ Composite Index ETF by 463.0% during the 3rd quarter. Dunhill Financial LLC now owns 608 shares of the company’s stock worth $54,000 after purchasing an additional 500 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at $85,000. Finally, Darwin Wealth Management LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the second quarter worth about $87,000.

Fidelity NASDAQ Composite Index ETF Trading Down 1.6%

Shares of ONEQ opened at $88.12 on Friday. Fidelity NASDAQ Composite Index ETF has a 12 month low of $58.12 and a 12 month high of $94.49. The stock’s 50-day moving average price is $91.11 and its two-hundred day moving average price is $90.09. The company has a market capitalization of $8.95 billion, a PE ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were given a $0.147 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, December 19th. 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.