Foguth Wealth Management LLC. Makes New Investment in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Foguth Wealth Management LLC. purchased a new stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 4th quarter, Holdings Channel reports. The fund purchased 3,797 shares of the company’s stock, valued at approximately $298,000.

A number of other institutional investors have also recently modified their holdings of the business. FMR LLC grew its holdings in 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 purchasing an additional 102,970 shares during the last quarter. Brookstone Capital Management boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 74.2% in the 4th quarter. Brookstone Capital Management now owns 6,040 shares of the company’s stock worth $459,000 after buying an additional 2,573 shares in the last quarter. International Assets Investment Management LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 7,059.0% in the 3rd quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock valued at $50,640,000 after acquiring an additional 69,743 shares during the last quarter. Verity Asset Management Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 8.5% during the 3rd quarter. Verity Asset Management Inc. now owns 14,016 shares of the company’s stock valued at $1,004,000 after acquiring an additional 1,098 shares in the last quarter. Finally, Cerity Partners LLC raised its position in Fidelity NASDAQ Composite Index ETF by 6.4% during the third quarter. Cerity Partners LLC now owns 19,731 shares of the company’s stock worth $1,413,000 after acquiring an additional 1,188 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ stock opened at $77.40 on Wednesday. The company’s 50 day simple moving average is $77.28 and its 200-day simple moving average is $73.07. Fidelity NASDAQ Composite Index ETF has a 12 month low of $59.98 and a 12 month high of $79.75. The firm has a market capitalization of $7.72 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

Fidelity NASDAQ Composite Index ETF Profile

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.