Hubbell Strickland Wealth Management LLC Increases Stock Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Hubbell Strickland Wealth Management LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 20.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 59,133 shares of the company’s stock after acquiring an additional 9,912 shares during the quarter. Fidelity NASDAQ Composite Index ETF makes up 2.2% of Hubbell Strickland Wealth Management LLC’s portfolio, making the stock its 11th biggest holding. Hubbell Strickland Wealth Management LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $5,405,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of ONEQ. Brighton Jones LLC grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 72.6% in the 4th quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock valued at $389,000 after buying an additional 2,153 shares during the period. AQR Capital Management LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter valued at approximately $475,000. Integrated Wealth Concepts LLC raised its position in shares of Fidelity NASDAQ Composite Index ETF by 11.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 5,072 shares of the company’s stock valued at $345,000 after buying an additional 525 shares during the period. Jane Street Group LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the first quarter valued at approximately $3,330,000. Finally, Marshall Wace LLP acquired a new position in Fidelity NASDAQ Composite Index ETF in the second quarter valued at approximately $335,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $86.10 on Friday. The stock has a 50 day moving average of $88.82 and a 200 day moving average of $90.24. The firm has a market capitalization of $8.71 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $58.12 and a fifty-two week high of $94.49.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were paid a $0.111 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Friday, March 20th.

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.