Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) Plans Quarterly Dividend of $0.14

Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) declared a quarterly dividend on Thursday, June 18th, NASDAQ Dividends reports. Stockholders of record on Thursday, June 18th will be given a dividend of 0.143 per share on Tuesday, June 23rd. This represents a c) annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, June 18th. This is a 28.8% increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

Fidelity NASDAQ Composite Index ETF Stock Up 1.7%

Shares of ONEQ opened at $104.25 on Friday. The business’s 50 day moving average price is $100.52 and its 200-day moving average price is $93.83. Fidelity NASDAQ Composite Index ETF has a 52 week low of $75.98 and a 52 week high of $107.07. The stock has a market cap of $10.60 billion, a P/E ratio of 28.20 and a beta of 1.21.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $26,000. Newbridge Financial Services Group Inc. boosted its stake in Fidelity NASDAQ Composite Index ETF by 57.9% in the 4th 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. boosted its stake in Fidelity NASDAQ Composite Index ETF by 442.9% in the 4th 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. Clearstead Advisors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at about $34,000. Finally, Prosperity Bancshares Inc bought a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at about $37,000.

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.