Prasad Wealth Partners LLC Has $22.28 Million Stake in Fidelity NASDAQ Composite Index ETF $ONEQ

Prasad Wealth Partners LLC lessened its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 15.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 249,978 shares of the company’s stock after selling 46,416 shares during the quarter. Fidelity NASDAQ Composite Index ETF makes up approximately 6.2% of Prasad Wealth Partners LLC’s investment portfolio, making the stock its largest position. Prasad Wealth Partners LLC owned approximately 0.25% of Fidelity NASDAQ Composite Index ETF worth $22,281,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Private Trust Co. NA boosted its position in Fidelity NASDAQ Composite Index ETF by 18.7% during the second quarter. Private Trust Co. NA now owns 890 shares of the company’s stock worth $71,000 after purchasing an additional 140 shares during the period. Merit Financial Group LLC raised its position in shares of Fidelity NASDAQ Composite Index ETF by 5.6% in the third quarter. Merit Financial Group LLC now owns 2,906 shares of the company’s stock valued at $259,000 after purchasing an additional 154 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 3.1% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 5,529 shares of the company’s stock worth $443,000 after buying an additional 168 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 6.2% during the 2nd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,153 shares of the company’s stock worth $253,000 after buying an additional 185 shares during the period. Finally, Allworth Financial LP boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 17.3% during the 2nd quarter. Allworth Financial LP now owns 1,530 shares of the company’s stock worth $123,000 after buying an additional 226 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Down 1.6%

Fidelity NASDAQ Composite Index ETF stock opened at $88.68 on Friday. The company’s 50-day moving average price is $92.10 and its two-hundred day moving average price is $89.16. The stock has a market cap of $9.01 billion, a P/E ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a twelve month low of $58.12 and a twelve month high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were issued a dividend of $0.147 per share. This represents a $0.59 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, December 19th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14.

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.