Defined Wealth Management LLC Has $1.56 Million Stock Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Defined Wealth Management LLC lessened its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 1.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 22,307 shares of the company’s stock after selling 311 shares during the quarter. Fidelity NASDAQ Composite Index ETF accounts for about 1.1% of Defined Wealth Management LLC’s holdings, making the stock its 27th biggest position. Defined Wealth Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,560,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in ONEQ. Foundations Investment Advisors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth $1,444,000. Verus Capital Partners LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 9.2% during the 2nd quarter. Verus Capital Partners LLC now owns 8,179 shares of the company’s stock worth $572,000 after purchasing an additional 686 shares during the last quarter. Financial Counselors Inc. acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth $237,000. Commonwealth Equity Services LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 3.8% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,282,903 shares of the company’s stock worth $89,713,000 after purchasing an additional 47,031 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth $69,000.

Fidelity NASDAQ Composite Index ETF Trading Up 0.4 %

NASDAQ ONEQ opened at $67.67 on Friday. The company has a fifty day simple moving average of $69.37 and a 200 day simple moving average of $66.44. The company has a market cap of $6.56 billion, a P/E 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 disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Friday, June 21st were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.62%. The ex-dividend date was Friday, June 21st.

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.