HUB Investment Partners LLC Boosts Stock Position in Fidelity NASDAQ Composite Index ETF $ONEQ

HUB Investment Partners LLC increased its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 101.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 14,251 shares of the company’s stock after purchasing an additional 7,176 shares during the quarter. HUB Investment Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,270,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Clearstead Advisors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the third quarter worth about $34,000. Assetmark Inc. boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 31.2% in the 3rd quarter. Assetmark Inc. now owns 505 shares of the company’s stock worth $45,000 after purchasing an additional 120 shares in the last quarter. Dunhill Financial LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 463.0% during the third quarter. Dunhill Financial LLC now owns 608 shares of the company’s stock worth $54,000 after acquiring an additional 500 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the third quarter valued at about $85,000. Finally, Darwin Wealth Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at about $87,000.

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ ONEQ opened at $88.12 on Friday. The stock has a market capitalization of $8.95 billion, a PE ratio of 28.20 and a beta of 1.15. The business’s 50-day moving average is $91.11 and its 200 day moving average is $90.09. 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 business also recently declared a quarterly dividend, which was paid on Tuesday, December 23rd. Investors of record on Friday, December 19th were paid a $0.147 dividend. This represents a $0.59 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, December 19th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14.

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.