Spire Wealth Management Lowers Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Spire Wealth Management cut its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 18.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,077 shares of the company’s stock after selling 16,146 shares during the period. Spire Wealth Management owned about 0.07% of Fidelity NASDAQ Composite Index ETF worth $4,770,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in ONEQ. TD Waterhouse Canada Inc. purchased a new stake in Fidelity NASDAQ Composite Index ETF in the 4th quarter valued at about $30,000. Creative Financial Designs Inc. ADV raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 12.8% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,362 shares of the company’s stock valued at $104,000 after acquiring an additional 155 shares in the last quarter. Capital Investment Advisors LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the first quarter valued at approximately $200,000. Sound Income Strategies LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 14.8% during the first quarter. Sound Income Strategies LLC now owns 2,965 shares of the company’s stock valued at $202,000 after acquiring an additional 383 shares in the last quarter. Finally, Inscription Capital LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the first quarter valued at approximately $243,000.

Fidelity NASDAQ Composite Index ETF Stock Up 1.4%

Shares of NASDAQ:ONEQ opened at $78.27 on Wednesday. The business’s 50 day moving average is $72.96 and its 200 day moving average is $73.64. The stock has a market cap of $7.87 billion, a P/E ratio of 27.82 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 52-week low of $58.12 and a 52-week high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were given a dividend of $0.118 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, June 20th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 0.60%.

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.