Brookstone Capital Management Buys 2,573 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Brookstone Capital Management lifted its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 74.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,040 shares of the company’s stock after acquiring an additional 2,573 shares during the quarter. Brookstone Capital Management’s holdings in Fidelity NASDAQ Composite Index ETF were worth $459,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its position in Fidelity NASDAQ Composite Index ETF by 13.0% in the third quarter. JPMorgan Chase & Co. now owns 114,493 shares of the company’s stock worth $8,198,000 after purchasing an additional 13,171 shares during the period. B. Riley Wealth Advisors Inc. lifted its stake in Fidelity NASDAQ Composite Index ETF by 6.4% in the third quarter. B. Riley Wealth Advisors Inc. now owns 13,333 shares of the company’s stock valued at $953,000 after buying an additional 799 shares during the period. Brass Tax Wealth Management Inc. bought a new position in Fidelity NASDAQ Composite Index ETF during the third quarter worth about $366,000. Synovus Financial Corp grew its position in shares of Fidelity NASDAQ Composite Index ETF by 108.1% during the 3rd quarter. Synovus Financial Corp now owns 8,325 shares of the company’s stock worth $596,000 after buying an additional 4,325 shares during the period. Finally, Sanctuary Advisors LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 77.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 11,702 shares of the company’s stock valued at $877,000 after acquiring an additional 5,090 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

Fidelity NASDAQ Composite Index ETF stock opened at $77.40 on Friday. The firm has a market capitalization of $7.72 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. The company’s 50 day simple moving average is $76.69 and its 200 day simple moving average is $72.58. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $58.77 and a fifty-two 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, December 24th. Stockholders of record on Friday, December 20th were given a dividend of $0.168 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.87%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th.

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.