N.E.W. Advisory Services LLC Lowers Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

N.E.W. Advisory Services LLC cut its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 16.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,850 shares of the company’s stock after selling 1,945 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $689,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the second quarter valued at approximately $38,000. Northwest Investment Counselors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the first quarter valued at approximately $52,000. CENTRAL TRUST Co increased its position in shares of Fidelity NASDAQ Composite Index ETF by 68.2% during the first quarter. CENTRAL TRUST Co now owns 977 shares of the company’s stock valued at $63,000 after acquiring an additional 396 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the second quarter valued at approximately $69,000. Finally, GAMMA Investing LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF by 62.9% during the second quarter. GAMMA Investing LLC now owns 2,331 shares of the company’s stock valued at $163,000 after acquiring an additional 900 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 0.4 %

Shares of ONEQ opened at $67.67 on Friday. The company has a market capitalization of $6.56 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. The stock has a 50 day moving average of $69.37 and a 200 day moving average of $66.44. Fidelity NASDAQ Composite Index ETF has a 12 month low of $49.41 and a 12 month high of $73.58.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Friday, June 21st were given a dividend of $0.105 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date was Friday, June 21st.

Fidelity NASDAQ Composite Index ETF 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.