Canvas Wealth Advisors LLC Acquires 10,696 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Canvas Wealth Advisors LLC lifted its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 79.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,145 shares of the company’s stock after buying an additional 10,696 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,548,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ONEQ. Brighton Jones LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 72.6% in the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock worth $389,000 after acquiring an additional 2,153 shares during the last quarter. IFP Advisors Inc raised its position in Fidelity NASDAQ Composite Index ETF by 23.2% in the 4th quarter. IFP Advisors Inc now owns 13,898 shares of the company’s stock worth $1,057,000 after purchasing an additional 2,620 shares during the last quarter. Goodwin Investment Advisory lifted its holdings in Fidelity NASDAQ Composite Index ETF by 62.0% during the 4th quarter. Goodwin Investment Advisory now owns 5,058 shares of the company’s stock worth $385,000 after buying an additional 1,935 shares in the last quarter. Smartleaf Asset Management LLC boosted its position in Fidelity NASDAQ Composite Index ETF by 30.8% in the 4th quarter. Smartleaf Asset Management LLC now owns 24,545 shares of the company’s stock valued at $1,883,000 after buying an additional 5,781 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in Fidelity NASDAQ Composite Index ETF by 118.9% in the 4th quarter. Jones Financial Companies Lllp now owns 46,295 shares of the company’s stock valued at $3,521,000 after buying an additional 25,145 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Up 1.0%

Shares of ONEQ opened at $79.32 on Friday. The stock’s fifty day simple moving average is $73.55 and its 200-day simple moving average is $73.69. The firm has a market capitalization of $7.98 billion, a PE ratio of 27.82 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12-month low of $58.12 and a 12-month high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th were issued a dividend of $0.118 per share. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09. This represents a $0.47 annualized dividend and a yield of 0.60%. The ex-dividend date was Friday, June 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.