Madison Wealth Partners Inc Has $18.42 Million Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Madison Wealth Partners Inc raised its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 242,137 shares of the company’s stock after buying an additional 6,423 shares during the period. Fidelity NASDAQ Composite Index ETF comprises approximately 5.1% of Madison Wealth Partners Inc’s investment portfolio, making the stock its 4th biggest position. Madison Wealth Partners Inc owned approximately 0.24% of Fidelity NASDAQ Composite Index ETF worth $18,417,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. FMR LLC lifted its position in 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 buying an additional 102,970 shares in the last quarter. LJI Wealth Management LLC lifted its position 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. Prasad Wealth Partners LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth approximately $27,004,000. TCP Asset Management LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 2.0% in the 4th quarter. TCP Asset Management LLC now owns 291,545 shares of the company’s stock worth $22,175,000 after buying an additional 5,685 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth approximately $18,258,000.

Fidelity NASDAQ Composite Index ETF Stock Up 1.1 %

ONEQ stock opened at $69.46 on Thursday. Fidelity NASDAQ Composite Index ETF has a 12-month low of $59.98 and a 12-month high of $79.75. The company has a market cap of $6.95 billion, a price-to-earnings ratio of 29.43 and a beta of 1.13. The company has a 50 day moving average of $76.06 and a two-hundred day moving average of $74.33.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a dividend of $0.168 per share. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.97%. 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.