Samalin Investment Counsel LLC Lowers Stock Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Samalin Investment Counsel LLC cut its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 46.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 7,518 shares of the company’s stock after selling 6,505 shares during the quarter. Samalin Investment Counsel LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $572,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in ONEQ. Newbridge Financial Services Group Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $25,000. Fifth Third Bancorp purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $38,000. Red Tortoise LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $41,000. Geneos Wealth Management Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $51,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $76,000.

Fidelity NASDAQ Composite Index ETF Stock Up 0.3 %

Shares of NASDAQ ONEQ opened at $70.00 on Friday. Fidelity NASDAQ Composite Index ETF has a 52-week low of $59.98 and a 52-week high of $79.75. The firm has a fifty day moving average of $75.06 and a 200-day moving average of $74.34. The stock has a market capitalization of $6.99 billion, a PE ratio of 29.43 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a dividend of $0.091 per share. The ex-dividend date of this dividend is Friday, March 21st.

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.