Fidelity NASDAQ Composite Index ETF $ONEQ Stock Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 23.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 948,303 shares of the company’s stock after selling 287,613 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $100,368,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Secure Asset Management LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at about $3,823,000. Frank Rimerman Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter worth about $764,000. Commonwealth Financial Services LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 6.8% in the first quarter. Commonwealth Financial Services LLC now owns 145,768 shares of the company’s stock worth $12,377,000 after purchasing an additional 9,330 shares during the period. Clark Asset Management LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 252.3% in the 2nd quarter. Clark Asset Management LLC now owns 11,831 shares of the company’s stock worth $1,221,000 after buying an additional 8,473 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 21.4% in the first quarter. Kestra Advisory Services LLC now owns 510,241 shares of the company’s stock valued at $43,325,000 after buying an additional 89,794 shares during the period.

Fidelity NASDAQ Composite Index ETF Trading Up 1.1%

Shares of NASDAQ ONEQ opened at $96.88 on Friday. Fidelity NASDAQ Composite Index ETF has a twelve month low of $81.45 and a twelve month high of $109.24. The firm has a 50-day moving average of $104.27 and a two-hundred day moving average of $98.77. The company has a market capitalization of $10.10 billion, a price-to-earnings ratio of 25.90 and a beta of 1.23.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, September 18th were issued a dividend of $0.1120 per share. This is a negative change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.1430. This represents a $0.45 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, September 18th.

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.