Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Shares Bought by Cedar Point Capital Partners LLC

Cedar Point Capital Partners LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 0.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,173 shares of the company’s stock after purchasing an additional 134 shares during the period. Fidelity NASDAQ Composite Index ETF comprises 2.2% of Cedar Point Capital Partners LLC’s investment portfolio, making the stock its 14th biggest position. Cedar Point Capital Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,284,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of ONEQ. Mutual Advisors LLC lifted its holdings in Fidelity NASDAQ Composite Index ETF by 7.6% in the 4th quarter. Mutual Advisors LLC now owns 4,829 shares of the company’s stock valued at $368,000 after purchasing an additional 342 shares in the last quarter. Independent Wealth Network Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $1,762,000. Janney Montgomery Scott LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 16.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 6,287 shares of the company’s stock worth $478,000 after purchasing an additional 905 shares in the last quarter. Beaumont Financial Advisors LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 3.8% in the fourth quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock valued at $618,000 after purchasing an additional 300 shares in the last quarter. Finally, TCP Asset Management LLC grew its holdings in Fidelity NASDAQ Composite Index ETF by 2.0% in the 4th quarter. TCP Asset Management LLC now owns 291,545 shares of the company’s stock valued at $22,175,000 after buying an additional 5,685 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $78.80 on Thursday. The firm has a market capitalization of $7.86 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $59.71 and a fifty-two week high of $79.75. The stock has a 50 day moving average of $76.81 and a 200 day moving average of $72.72.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were given a dividend of $0.168 per share. The ex-dividend date of this dividend was Friday, December 20th. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.85%.

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.