Northwestern Mutual Wealth Management Co. Boosts Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Northwestern Mutual Wealth Management Co. boosted its position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 494.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 329,154 shares of the company’s stock after buying an additional 273,803 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.32% of Fidelity NASDAQ Composite Index ETF worth $30,085,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. AE Wealth Management LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 7.5% during the fourth quarter. AE Wealth Management LLC now owns 82,005 shares of the company’s stock worth $7,495,000 after buying an additional 5,756 shares during the period. HUB Investment Partners LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 101.4% during the third quarter. HUB Investment Partners LLC now owns 14,251 shares of the company’s stock worth $1,270,000 after buying an additional 7,176 shares during the period. RiverTree Advisors LLC purchased a new position in Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $1,476,000. Facet Wealth Inc. purchased a new position in Fidelity NASDAQ Composite Index ETF during the third quarter worth $595,000. Finally, Brighton Jones LLC lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 72.6% during the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock worth $389,000 after purchasing an additional 2,153 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 0.7%

NASDAQ:ONEQ opened at $102.76 on Tuesday. Fidelity NASDAQ Composite Index ETF has a twelve month low of $73.11 and a twelve month high of $105.12. The company has a market cap of $10.45 billion, a price-to-earnings ratio of 28.20 and a beta of 1.21. The stock has a fifty day simple moving average of $92.59 and a 200-day simple moving average of $91.77.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were given a dividend of $0.111 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, March 20th.

Fidelity NASDAQ Composite Index ETF Company 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.