Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Shares Purchased by Madison Wealth Partners Inc

Madison Wealth Partners Inc boosted its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.7% in the fourth quarter, Holdings Channel reports. The fund owned 242,137 shares of the company’s stock after acquiring an additional 6,423 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for 5.1% of Madison Wealth Partners Inc’s investment portfolio, making the stock its 4th biggest holding. Madison Wealth Partners Inc’s holdings in Fidelity NASDAQ Composite Index ETF were worth $18,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Cedar Point Capital Partners LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 0.3% during the 4th quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock worth $3,284,000 after acquiring an additional 134 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 2.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 5,872 shares of the company’s stock worth $447,000 after purchasing an additional 167 shares during the period. Larson Financial Group LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock worth $108,000 after purchasing an additional 239 shares during the period. Beaumont Financial Advisors LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 3.8% during the 4th quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock worth $618,000 after purchasing an additional 300 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth about $25,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

NASDAQ:ONEQ opened at $69.46 on Thursday. The firm’s 50-day moving average is $76.06 and its 200-day moving average is $74.33. Fidelity NASDAQ Composite Index ETF has a 52-week low of $59.98 and a 52-week 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.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were paid 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 yield of 0.97%. 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.