Sunbelt Securities Inc. Sells 18,623 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Sunbelt Securities Inc. lowered its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 22.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,090 shares of the company’s stock after selling 18,623 shares during the period. Sunbelt Securities Inc. owned 0.06% of Fidelity NASDAQ Composite Index ETF worth $5,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of ONEQ. Advisory Services Network LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 2.7% during the third quarter. Advisory Services Network LLC now owns 33,494 shares of the company’s stock worth $2,985,000 after acquiring an additional 891 shares during the last quarter. Kestra Private Wealth Services LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 2.5% during the third quarter. Kestra Private Wealth Services LLC now owns 28,295 shares of the company’s stock valued at $2,522,000 after acquiring an additional 692 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 18.7% in the 3rd quarter. NewEdge Advisors LLC now owns 34,148 shares of the company’s stock valued at $3,044,000 after acquiring an additional 5,374 shares during the last quarter. American Trust increased its holdings in Fidelity NASDAQ Composite Index ETF by 7.8% in the 3rd quarter. American Trust now owns 6,237 shares of the company’s stock valued at $556,000 after acquiring an additional 449 shares during the last quarter. Finally, Wealth Management Strategies Inc. purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 3rd quarter worth $300,000.

Fidelity NASDAQ Composite Index ETF Stock Up 0.5%

ONEQ opened at $88.51 on Wednesday. The firm has a 50-day simple moving average of $90.65 and a two-hundred day simple moving average of $90.33. Fidelity NASDAQ Composite Index ETF has a 52 week low of $58.12 and a 52 week high of $94.49. The company has a market capitalization of $8.99 billion, a PE 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. Stockholders of record on Friday, December 19th were issued a dividend of $0.147 per share. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, December 19th. This represents a $0.59 annualized dividend and a dividend yield of 0.7%.

Fidelity NASDAQ Composite Index ETF Company 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. 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.