Fidelity NASDAQ Composite Index ETF $ONEQ Shares Purchased by Lido Advisors LLC

Lido Advisors LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 45.3% in the 1st quarter, Holdings Channel reports. The fund owned 48,317 shares of the company’s stock after acquiring an additional 15,069 shares during the quarter. Lido Advisors LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $4,103,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in ONEQ. Brighton Jones LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 72.6% during the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock worth $389,000 after purchasing an additional 2,153 shares during the last quarter. AQR Capital Management LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at $475,000. Integrated Wealth Concepts LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 11.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock valued at $345,000 after buying an additional 525 shares during the period. Jane Street Group LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at $3,330,000. Finally, Marshall Wace LLP purchased a new position in Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth $335,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ stock opened at $98.35 on Friday. Fidelity NASDAQ Composite Index ETF has a one year low of $80.76 and a one year high of $107.07. The stock has a market capitalization of $10.20 billion, a PE ratio of 28.20 and a beta of 1.21. The company has a fifty day moving average of $102.65 and a 200-day moving average of $95.58.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a dividend of $0.143 per share. This represents a $0.57 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Thursday, June 18th.

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. 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.