Secure Asset Management LLC Takes $3.82 Million Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Secure Asset Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 37,041 shares of the company’s stock, valued at approximately $3,823,000.

Other large investors have also recently bought and sold shares of the company. Investors Research Corp acquired a new position in Fidelity NASDAQ Composite Index ETF in the second quarter valued at $38,000. Compass Financial Management LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at approximately $212,000. Heck Capital Advisors LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 1.8% in the second quarter. Heck Capital Advisors LLC now owns 596,957 shares of the company’s stock valued at $61,618,000 after purchasing an additional 10,295 shares during the period. LVM Capital Management Ltd. MI acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $235,000. Finally, Allied Private Wealth LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $52,000.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of NASDAQ ONEQ opened at $102.85 on Wednesday. The stock has a fifty day moving average price of $102.25 and a 200 day moving average price of $97.67. Fidelity NASDAQ Composite Index ETF has a 1-year low of $81.45 and a 1-year high of $107.07. The company has a market cap of $10.68 billion, a PE ratio of 28.20 and a beta of 1.22.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.