Fidelity NASDAQ Composite Index ETF $ONEQ Stake Raised by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 131.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 96,266 shares of the company’s stock after acquiring an additional 54,591 shares during the quarter. Gateway Wealth Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $8,174,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in Fidelity NASDAQ Composite Index ETF by 494.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 329,154 shares of the company’s stock valued at $30,085,000 after acquiring an additional 273,803 shares in the last quarter. Align Financial LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth approximately $27,128,000. Lebenthal Global Advisors LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 42.4% in the fourth quarter. Lebenthal Global Advisors LLC now owns 521,216 shares of the company’s stock worth $47,639,000 after purchasing an additional 155,262 shares in the last quarter. Kestra Advisory Services LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 21.4% during the first quarter. Kestra Advisory Services LLC now owns 510,241 shares of the company’s stock worth $43,325,000 after purchasing an additional 89,794 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 7.8% during the fourth quarter. LPL Financial LLC now owns 1,201,414 shares of the company’s stock worth $109,809,000 after purchasing an additional 86,467 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $98.35 on Monday. The company’s 50 day moving average price is $102.65 and its 200 day moving average price is $95.61. Fidelity NASDAQ Composite Index ETF has a 52 week low of $80.76 and a 52 week high of $107.07. The company has a market capitalization of $10.20 billion, a PE ratio of 28.20 and a beta of 1.21.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.