Brass Tax Wealth Management Inc. Invests $366,000 in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Brass Tax Wealth Management Inc. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 5,109 shares of the company’s stock, valued at approximately $366,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwest Investment Counselors LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at approximately $57,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 72.4% during the 3rd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 931 shares of the company’s stock valued at $67,000 after buying an additional 391 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at approximately $69,000. Darwin Wealth Management LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at approximately $78,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at approximately $107,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ:ONEQ traded down $0.37 during midday trading on Friday, reaching $78.18. 91,431 shares of the company’s stock traded hands, compared to its average volume of 263,390. Fidelity NASDAQ Composite Index ETF has a 1 year low of $57.05 and a 1 year high of $79.16. The company has a market cap of $7.52 billion, a P/E ratio of 33.60 and a beta of 1.13. The company has a fifty day simple moving average of $74.39 and a two-hundred day simple moving average of $71.03.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were issued a $0.113 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.45 dividend on an annualized basis and a yield of 0.58%.

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.