Spartan Wealth Advisory Services LLC Takes Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Spartan Wealth Advisory Services LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 30,500 shares of the company’s stock, valued at approximately $2,590,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 57.9% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock worth $31,000 after purchasing an additional 125 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 442.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after purchasing an additional 310 shares in the last quarter. Prosperity Bancshares Inc purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth about $37,000. Finally, Assetmark Inc. boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 24.6% in the fourth quarter. Assetmark Inc. now owns 629 shares of the company’s stock worth $57,000 after buying an additional 124 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ stock opened at $100.45 on Friday. Fidelity NASDAQ Composite Index ETF has a 1 year low of $80.76 and a 1 year high of $107.07. The firm has a market cap of $10.40 billion, a P/E ratio of 28.20 and a beta of 1.21. The stock has a 50-day simple moving average of $103.00 and a 200-day simple moving average of $95.29.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.143 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.57 dividend on an annualized basis and a yield of 0.6%. 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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.