Sunbelt Securities Inc. Sells 18,623 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Sunbelt Securities Inc. reduced its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 22.5% in the third quarter, Holdings Channel.com reports. The fund owned 64,090 shares of the company’s stock after selling 18,623 shares during the quarter. Sunbelt Securities Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $5,712,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Advisory Services Network LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 2.7% during the 3rd quarter. Advisory Services Network LLC now owns 33,494 shares of the company’s stock valued at $2,985,000 after acquiring an additional 891 shares during the period. Kestra Private Wealth Services LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 2.5% in the third quarter. Kestra Private Wealth Services LLC now owns 28,295 shares of the company’s stock worth $2,522,000 after purchasing an additional 692 shares during the period. NewEdge Advisors LLC increased its stake in Fidelity NASDAQ Composite Index ETF by 18.7% in the third quarter. NewEdge Advisors LLC now owns 34,148 shares of the company’s stock worth $3,044,000 after purchasing an additional 5,374 shares during the period. American Trust lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 7.8% during the third quarter. American Trust now owns 6,237 shares of the company’s stock worth $556,000 after purchasing an additional 449 shares during the last quarter. Finally, Wealth Management Strategies Inc. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the third quarter worth $300,000.

Fidelity NASDAQ Composite Index ETF Trading Up 0.5%

Shares of ONEQ opened at $88.51 on Wednesday. The firm has a fifty day moving average price of $90.65 and a 200-day moving average price of $90.33. The firm has a market capitalization of $8.99 billion, a P/E ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 12-month low of $58.12 and a 12-month high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

Fidelity NASDAQ Composite Index ETF Profile

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.