Lebenthal Global Advisors LLC Has $47.64 Million Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Lebenthal Global Advisors LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 42.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 521,216 shares of the company’s stock after purchasing an additional 155,262 shares during the quarter. Fidelity NASDAQ Composite Index ETF accounts for 7.4% of Lebenthal Global Advisors LLC’s portfolio, making the stock its 2nd biggest position. Lebenthal Global Advisors LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $47,639,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Flagship Harbor Advisors LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth approximately $26,000. Newbridge Financial Services Group Inc. raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 57.9% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock worth $31,000 after buying an additional 125 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 442.9% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after buying an additional 310 shares during the last quarter. Clearstead Advisors LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the third quarter worth approximately $34,000. Finally, Assetmark Inc. raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 31.2% during the third quarter. Assetmark Inc. now owns 505 shares of the company’s stock worth $45,000 after buying an additional 120 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

ONEQ opened at $96.31 on Friday. The company has a market cap of $9.77 billion, a price-to-earnings ratio of 28.20 and a beta of 1.18. The firm has a 50 day simple moving average of $89.14 and a 200 day simple moving average of $90.60. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $65.87 and a fifty-two week high of $97.11.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were issued a dividend of $0.111 per share. The ex-dividend date was Friday, March 20th. This represents a $0.44 dividend on an annualized basis and a yield of 0.5%.

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.