Commons Capital LLC Reduces Stake in Fidelity NASDAQ Composite Index ETF $ONEQ

Commons Capital LLC cut its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 5.4% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,084 shares of the company’s stock after selling 235 shares during the quarter. Commons Capital LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $327,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Brighton Jones LLC grew its holdings 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 valued at $389,000 after purchasing an additional 2,153 shares during the period. QRG Capital Management Inc. acquired a new position in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at about $250,000. Inscription Capital LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at about $243,000. Institute for Wealth Management LLC. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at approximately $717,000. Finally, Sterling Investment Counsel LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter worth approximately $712,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

ONEQ stock opened at $88.70 on Friday. Fidelity NASDAQ Composite Index ETF has a one year low of $58.12 and a one year high of $90.92. The firm has a market cap of $8.95 billion, a PE ratio of 28.20 and a beta of 1.13. The firm’s 50 day moving average price is $86.91 and its 200-day moving average price is $78.96.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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