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

Grandview Asset Management LLC bought a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the fourth quarter, HoldingsChannel reports. The fund bought 7,396 shares of the company’s stock, valued at approximately $563,000.

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

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ opened at $75.22 on Tuesday. The stock has a market cap of $7.46 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. The firm’s fifty day moving average is $76.57 and its 200 day moving average is $72.44. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $57.95 and a fifty-two week high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were paid a $0.168 dividend. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, December 20th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.89%.

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.