Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Shares Acquired by TCP Asset Management LLC

TCP Asset Management LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 5.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 285,860 shares of the company’s stock after purchasing an additional 14,570 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for about 4.7% of TCP Asset Management LLC’s portfolio, making the stock its 6th biggest position. TCP Asset Management LLC owned 0.30% of Fidelity NASDAQ Composite Index ETF worth $20,468,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ONEQ. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Fidelity NASDAQ Composite Index ETF during the second quarter worth about $38,000. Northwest Investment Counselors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the third quarter valued at about $57,000. International Assets Investment Management LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $69,000. GAMMA Investing LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 62.9% in the 2nd quarter. GAMMA Investing LLC now owns 2,331 shares of the company’s stock valued at $163,000 after buying an additional 900 shares in the last quarter. Finally, Sound Income Strategies LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the third quarter worth $185,000.

Fidelity NASDAQ Composite Index ETF Stock Up 0.5 %

Shares of NASDAQ:ONEQ traded up $0.34 during midday trading on Monday, reaching $73.34. 77,184 shares of the company traded hands, compared to its average volume of 262,509. Fidelity NASDAQ Composite Index ETF has a 12 month low of $50.00 and a 12 month high of $73.65. The firm’s fifty day moving average price is $70.52 and its two-hundred day moving average price is $68.34. The firm has a market capitalization of $7.06 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were given a $0.113 dividend. The ex-dividend date was Friday, September 20th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 0.62%.

Fidelity NASDAQ Composite Index ETF Company 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.