Advisory Services Network LLC Has $5.86 Million Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Advisory Services Network LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 5.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 90,965 shares of the company’s stock after purchasing an additional 4,902 shares during the period. Advisory Services Network LLC owned approximately 0.10% of Fidelity NASDAQ Composite Index ETF worth $5,858,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Silver Oak Securities Incorporated acquired a new position in Fidelity NASDAQ Composite Index ETF in the third quarter valued at approximately $524,000. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter worth $853,000. Verity Asset Management Inc. acquired a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter worth $272,000. EP Wealth Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter worth $291,000. Finally, B. Riley Wealth Advisors Inc. raised its holdings in Fidelity NASDAQ Composite Index ETF by 2.2% in the third quarter. B. Riley Wealth Advisors Inc. now owns 15,032 shares of the company’s stock worth $782,000 after purchasing an additional 320 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ traded up $0.66 during mid-day trading on Friday, hitting $72.84. The stock had a trading volume of 127,027 shares, compared to its average volume of 255,131. The stock’s fifty day simple moving average is $68.09 and its 200-day simple moving average is $64.06. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 1-year low of $49.41 and a 1-year high of $73.58.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st were issued a $0.105 dividend. The ex-dividend date of this dividend was Friday, June 21st. This represents a $0.42 annualized dividend and a yield of 0.58%.

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.