Sunbelt Securities Inc. Sells 10,273 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Sunbelt Securities Inc. reduced its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 15.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 57,745 shares of the company’s stock after selling 10,273 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $4,903,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC lifted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 7.8% during the 4th quarter. LPL Financial LLC now owns 1,201,414 shares of the company’s stock worth $109,809,000 after acquiring an additional 86,467 shares during the period. Wealthfront Advisers LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 6.3% during the 4th quarter. Wealthfront Advisers LLC now owns 688,825 shares of the company’s stock valued at $62,959,000 after acquiring an additional 40,983 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Fidelity NASDAQ Composite Index ETF by 4.0% during the second quarter. Bank of America Corp DE now owns 569,103 shares of the company’s stock valued at $45,585,000 after purchasing an additional 21,951 shares in the last quarter. Lebenthal Global Advisors LLC grew 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 acquiring an additional 155,262 shares during the last quarter. Finally, Kestra Advisory Services LLC grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 21.4% in 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 last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 0.2%

NASDAQ ONEQ opened at $98.01 on Wednesday. The business’s 50-day moving average price is $102.48 and its two-hundred day moving average price is $95.69. Fidelity NASDAQ Composite Index ETF has a 12 month low of $80.76 and a 12 month high of $107.07. The firm has a market capitalization of $10.15 billion, a PE ratio of 28.20 and a beta of 1.21.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.143 dividend. 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%. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.