Prasad Wealth Partners LLC Decreases Stock Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Prasad Wealth Partners LLC cut its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 20.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 296,394 shares of the company’s stock after selling 74,972 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for 6.9% of Prasad Wealth Partners LLC’s portfolio, making the stock its largest holding. Prasad Wealth Partners LLC owned 0.29% of Fidelity NASDAQ Composite Index ETF worth $23,741,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. RMG Wealth Management LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the second quarter worth approximately $73,000. Heck Capital Advisors LLC raised its position in Fidelity NASDAQ Composite Index ETF by 37.9% in the second quarter. Heck Capital Advisors LLC now owns 608,702 shares of the company’s stock worth $48,757,000 after acquiring an additional 167,440 shares during the period. CPR Investments Inc. bought a new position in Fidelity NASDAQ Composite Index ETF in the second quarter worth approximately $429,000. DAVENPORT & Co LLC raised its position in Fidelity NASDAQ Composite Index ETF by 7.0% in the second quarter. DAVENPORT & Co LLC now owns 3,859 shares of the company’s stock worth $309,000 after acquiring an additional 252 shares during the period. Finally, Hubbell Strickland Wealth Management LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 4.7% in the second quarter. Hubbell Strickland Wealth Management LLC now owns 39,504 shares of the company’s stock worth $3,164,000 after purchasing an additional 1,771 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of NASDAQ ONEQ opened at $90.13 on Tuesday. The firm has a fifty day moving average price of $85.89 and a 200-day moving average price of $78.02. The stock has a market cap of $9.08 billion, a PE ratio of 28.20 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 1 year low of $58.12 and a 1 year high of $90.38.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Friday, September 19th were paid a $0.137 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, September 19th.

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.