Indivisible Partners Makes New $3.83 Million Investment in Fidelity NASDAQ Composite Index ETF $ONEQ

Indivisible Partners bought a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 41,897 shares of the company’s stock, valued at approximately $3,829,000.

A number of other large investors have also recently added to or reduced their stakes in ONEQ. Thrivent Financial for Lutherans bought a new position in Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth about $15,934,000. Lebenthal Global Advisors LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 42.4% during the 4th 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. The Manufacturers Life Insurance Company increased its holdings in Fidelity NASDAQ Composite Index ETF by 100.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 160,700 shares of the company’s stock worth $12,872,000 after purchasing an additional 80,700 shares in the last quarter. Jane Street Group LLC bought a new position in Fidelity NASDAQ Composite Index ETF during the 1st quarter worth about $3,330,000. Finally, AssuredPartners Investment Advisors LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 385.5% during the 4th quarter. AssuredPartners Investment Advisors LLC now owns 57,677 shares of the company’s stock worth $5,272,000 after purchasing an additional 45,798 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 1.0%

ONEQ stock opened at $99.66 on Wednesday. The stock has a 50-day moving average price of $90.18 and a two-hundred day moving average price of $90.98. The stock has a market cap of $10.14 billion, a PE ratio of 28.20 and a beta of 1.21. Fidelity NASDAQ Composite Index ETF has a 1 year low of $68.82 and a 1 year high of $99.86.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were issued a dividend of $0.111 per share. This represents a $0.44 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, March 20th.

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.