Principal Securities Inc. Lowers Stock Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Principal Securities Inc. cut its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,714 shares of the company’s stock after selling 503 shares during the quarter. Principal Securities Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,880,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Heck Capital Advisors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $18,258,000. Lebenthal Global Advisors LLC raised its holdings in Fidelity NASDAQ Composite Index ETF by 5,046.0% in the fourth quarter. Lebenthal Global Advisors LLC now owns 188,653 shares of the company’s stock worth $14,349,000 after buying an additional 184,987 shares during the last quarter. FMR LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 12.7% in the third quarter. FMR LLC now owns 912,041 shares of the company’s stock worth $65,302,000 after buying an additional 102,970 shares in the last quarter. Spire Wealth Management purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at approximately $6,558,000. Finally, International Assets Investment Management LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF by 7,059.0% during the third quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock valued at $50,640,000 after acquiring an additional 69,743 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Down 0.1 %

Shares of NASDAQ ONEQ opened at $78.78 on Wednesday. The company has a 50 day moving average of $77.47 and a 200 day moving average of $73.64. Fidelity NASDAQ Composite Index ETF has a twelve month low of $59.98 and a twelve month high of $79.75. The firm has a market cap of $7.87 billion, a P/E ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a dividend of $0.168 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Friday, December 20th.

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.