Commonwealth Financial Services LLC Has $12.38 Million Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Commonwealth Financial Services LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 6.8% in the first quarter, Holdings Channel reports. The firm owned 145,768 shares of the company’s stock after acquiring an additional 9,330 shares during the period. Fidelity NASDAQ Composite Index ETF comprises about 2.0% of Commonwealth Financial Services LLC’s holdings, making the stock its 11th biggest position. Commonwealth Financial Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $12,377,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Spartan Wealth Advisory Services LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the first quarter valued at approximately $2,590,000. Assetmark Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 27.7% in the first quarter. Assetmark Inc. now owns 803 shares of the company’s stock worth $68,000 after buying an additional 174 shares during the last quarter. Main Street Group LTD bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter worth $84,000. Bessemer Group Inc. boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 0.8% during the 1st quarter. Bessemer Group Inc. now owns 38,105 shares of the company’s stock worth $3,236,000 after buying an additional 310 shares during the period. Finally, Sigma Planning Corp grew its stake in Fidelity NASDAQ Composite Index ETF by 16.4% in the 1st quarter. Sigma Planning Corp now owns 80,961 shares of the company’s stock valued at $6,874,000 after buying an additional 11,377 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

NASDAQ:ONEQ opened at $100.45 on Monday. The firm has a market capitalization of $10.40 billion, a PE ratio of 28.20 and a beta of 1.21. Fidelity NASDAQ Composite Index ETF has a 1 year low of $80.76 and a 1 year high of $107.07. The firm’s fifty day simple moving average is $103.00 and its 200 day simple moving average is $95.31.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a dividend of $0.143 per share. This represents a $0.57 dividend on an annualized basis and a 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 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.