Fisher Asset Management LLC Decreases Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Fisher Asset Management LLC decreased its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 7.2% in the fourth quarter, HoldingsChannel reports. The fund owned 809,409 shares of the company’s stock after selling 62,825 shares during the quarter. Fisher Asset Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $61,564,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of ONEQ. Lebenthal Global Advisors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the third quarter valued at approximately $262,000. Farther Finance Advisors LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 1,774.1% during the third quarter. Farther Finance Advisors LLC now owns 3,692 shares of the company’s stock valued at $264,000 after acquiring an additional 3,495 shares during the last quarter. Landmark Wealth Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the third quarter valued at approximately $440,000. Focused Wealth Management Inc purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the third quarter worth $354,000. Finally, Maia Wealth LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the third quarter worth $198,000.

Fidelity NASDAQ Composite Index ETF Trading Up 1.6 %

NASDAQ ONEQ opened at $74.26 on Friday. The company has a fifty day simple moving average of $77.14 and a two-hundred day simple moving average of $74.27. The stock has a market cap of $7.42 billion, a P/E ratio of 33.15 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12-month low of $59.98 and a 12-month high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a $0.168 dividend. 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 0.90%. This is a boost 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.