Grandview Asset Management LLC Takes $563,000 Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Grandview Asset Management LLC acquired a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,396 shares of the company’s stock, valued at approximately $563,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 12.7% in the 3rd quarter. FMR LLC now owns 912,041 shares of the company’s stock worth $65,302,000 after purchasing an additional 102,970 shares in the last quarter. LJI Wealth Management LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 2.5% in the 3rd quarter. LJI Wealth Management LLC now owns 376,823 shares of the company’s stock worth $26,980,000 after buying an additional 9,343 shares in the last quarter. Regal Investment Advisors LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 0.6% in the 2nd quarter. Regal Investment Advisors LLC now owns 357,693 shares of the company’s stock worth $25,013,000 after buying an additional 2,127 shares in the last quarter. TCP Asset Management LLC raised its position in Fidelity NASDAQ Composite Index ETF by 5.4% in the 3rd quarter. TCP Asset Management LLC now owns 285,860 shares of the company’s stock worth $20,468,000 after buying an additional 14,570 shares during the last quarter. Finally, AE Wealth Management LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 45.9% during the 2nd quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock valued at $18,910,000 after acquiring an additional 85,105 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Down 0.3 %

Shares of ONEQ stock opened at $75.22 on Tuesday. The company has a 50 day moving average price of $76.57 and a 200-day moving average price of $72.44. Fidelity NASDAQ Composite Index ETF has a 52 week low of $57.95 and a 52 week high of $79.75. The firm has a market capitalization of $7.46 billion, a PE ratio of 33.60 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 given a $0.168 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend was Friday, December 20th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.