DAVENPORT & Co LLC Raises Stock Position in Fidelity NASDAQ Composite Index ETF $ONEQ

DAVENPORT & Co LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 7.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 3,859 shares of the company’s stock after purchasing an additional 252 shares during the period. DAVENPORT & Co LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $309,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Avondale Wealth Management grew its stake in Fidelity NASDAQ Composite Index ETF by 1.0% during the second quarter. Avondale Wealth Management now owns 12,440 shares of the company’s stock valued at $996,000 after acquiring an additional 123 shares in the last quarter. Apexium Financial LP grew its stake in Fidelity NASDAQ Composite Index ETF by 0.6% in the 2nd quarter. Apexium Financial LP now owns 22,228 shares of the company’s stock worth $1,780,000 after buying an additional 124 shares in the last quarter. Farther Finance Advisors LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 4.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,420 shares of the company’s stock worth $354,000 after buying an additional 168 shares in the last quarter. Accredited Investors Inc. grew its stake in Fidelity NASDAQ Composite Index ETF by 3.8% in the 1st quarter. Accredited Investors Inc. now owns 4,930 shares of the company’s stock worth $336,000 after buying an additional 180 shares in the last quarter. Finally, Financial Partners Group Inc grew its stake in Fidelity NASDAQ Composite Index ETF by 1.4% in the 1st quarter. Financial Partners Group Inc now owns 15,341 shares of the company’s stock worth $1,044,000 after buying an additional 213 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ stock opened at $87.33 on Monday. Fidelity NASDAQ Composite Index ETF has a one year low of $58.12 and a one year high of $90.92. The stock has a market cap of $8.79 billion, a PE ratio of 28.20 and a beta of 1.13. The firm has a 50 day simple moving average of $86.44 and a two-hundred day simple moving average of $78.53.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Friday, September 19th were paid a $0.137 dividend. The ex-dividend date of this dividend was Friday, September 19th. This represents a $0.55 dividend on an annualized basis and a yield of 0.6%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12.

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.