Capital Investment Advisory Services LLC Purchases 13,938 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Capital Investment Advisory Services LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 58.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 37,672 shares of the company’s stock after purchasing an additional 13,938 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $3,358,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of ONEQ. Private Trust Co. NA raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 18.7% in the second quarter. Private Trust Co. NA now owns 890 shares of the company’s stock worth $71,000 after purchasing an additional 140 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the third quarter valued at approximately $85,000. Darwin Wealth Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF in the second quarter worth approximately $87,000. Cape Investment Advisory Inc. boosted its position in Fidelity NASDAQ Composite Index ETF by 116.4% during the second quarter. Cape Investment Advisory Inc. now owns 1,296 shares of the company’s stock valued at $104,000 after buying an additional 697 shares during the period. Finally, Allworth Financial LP boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 17.3% during the second quarter. Allworth Financial LP now owns 1,530 shares of the company’s stock worth $123,000 after purchasing an additional 226 shares during the period.

Fidelity NASDAQ Composite Index ETF Trading Down 1.6%

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $88.68 on Friday. The business has a fifty day simple moving average of $92.10 and a two-hundred day simple moving average of $89.16. Fidelity NASDAQ Composite Index ETF has a 12 month low of $58.12 and a 12 month high of $94.49. The firm has a market capitalization of $9.01 billion, a P/E ratio of 28.20 and a beta of 1.15.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $0.147 dividend. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 19th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.7%.

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.