Canvas Wealth Advisors LLC Decreases Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Canvas Wealth Advisors LLC lessened its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 52.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 10,149 shares of the company’s stock after selling 11,022 shares during the period. Canvas Wealth Advisors LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $910,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in 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 position in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at about $85,000. Darwin Wealth Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter worth approximately $87,000. Cape Investment Advisory Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 116.4% in the 2nd quarter. Cape Investment Advisory Inc. now owns 1,296 shares of the company’s stock worth $104,000 after acquiring an additional 697 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of Fidelity NASDAQ Composite Index ETF by 17.3% during the 2nd 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 last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ ONEQ opened at $90.54 on Friday. The stock’s 50 day simple moving average is $92.06 and its 200-day simple moving average is $89.26. The company has a market cap of $9.20 billion, a PE ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 1-year low of $58.12 and a 1-year high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were given a $0.147 dividend. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 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. 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.