Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Shares Bought by TCP Asset Management LLC

TCP Asset Management LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 291,545 shares of the company’s stock after purchasing an additional 5,685 shares during the quarter. Fidelity NASDAQ Composite Index ETF comprises about 4.9% of TCP Asset Management LLC’s investment portfolio, making the stock its 6th largest position. TCP Asset Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $22,175,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF by 12.7% in the third quarter. FMR LLC now owns 912,041 shares of the company’s stock valued at $65,302,000 after buying an additional 102,970 shares in the last quarter. Brookstone Capital Management increased its holdings in Fidelity NASDAQ Composite Index ETF by 74.2% during the 4th quarter. Brookstone Capital Management now owns 6,040 shares of the company’s stock valued at $459,000 after acquiring an additional 2,573 shares in the last quarter. AE Wealth Management LLC raised its position in Fidelity NASDAQ Composite Index ETF by 45.9% during the second quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock worth $18,910,000 after acquiring an additional 85,105 shares during the last quarter. International Assets Investment Management LLC raised its position in Fidelity NASDAQ Composite Index ETF by 7,059.0% during the third quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock worth $50,640,000 after acquiring an additional 69,743 shares during the last quarter. Finally, Verity Asset Management Inc. lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 8.5% in the third quarter. Verity Asset Management Inc. now owns 14,016 shares of the company’s stock valued at $1,004,000 after purchasing an additional 1,098 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of ONEQ opened at $77.40 on Friday. Fidelity NASDAQ Composite Index ETF has a 1-year low of $58.77 and a 1-year high of $79.75. The stock has a market cap of $7.72 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. The firm has a 50 day simple moving average of $76.69 and a 200-day simple moving average of $72.59.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.168 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.87%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, December 20th.

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.