Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Position Trimmed by HighTower Advisors LLC

HighTower Advisors LLC decreased its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 12.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 435,231 shares of the company’s stock after selling 64,156 shares during the period. HighTower Advisors LLC owned about 0.44% of Fidelity NASDAQ Composite Index ETF worth $33,104,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Cedar Point Capital Partners LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 0.3% during the 4th quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock worth $3,284,000 after purchasing an additional 134 shares in the last quarter. Larson Financial Group LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 18.8% in the third quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock worth $108,000 after buying an additional 239 shares during the last quarter. Beaumont Financial Advisors LLC raised its position in Fidelity NASDAQ Composite Index ETF by 3.8% during the fourth quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock valued at $618,000 after acquiring an additional 300 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at approximately $25,000. Finally, Mutual Advisors LLC grew its position in Fidelity NASDAQ Composite Index ETF by 7.6% in the fourth quarter. Mutual Advisors LLC now owns 4,829 shares of the company’s stock worth $368,000 after acquiring an additional 342 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Up 2.7 %

Shares of ONEQ opened at $69.95 on Friday. Fidelity NASDAQ Composite Index ETF has a 12 month low of $59.98 and a 12 month high of $79.75. The company’s fifty day moving average is $75.76 and its 200-day moving average is $74.29. The firm has a market cap of $6.99 billion, a price-to-earnings ratio of 29.43 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a dividend of $0.168 per share. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend was Friday, December 20th.

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.