David Kennon Inc Trims Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

David Kennon Inc decreased its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 6.5% during the 1st quarter, Holdings Channel reports. The firm owned 232,492 shares of the company’s stock after selling 16,207 shares during the period. Fidelity NASDAQ Composite Index ETF comprises about 6.3% of David Kennon Inc’s holdings, making the stock its 5th biggest holding. David Kennon Inc’s holdings in Fidelity NASDAQ Composite Index ETF were worth $15,825,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at about $6,968,000. GAMMA Investing LLC grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 6,706.5% in the 1st quarter. GAMMA Investing LLC now owns 158,660 shares of the company’s stock worth $10,800,000 after buying an additional 156,329 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 3.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 39,088 shares of the company’s stock valued at $2,973,000 after purchasing an additional 1,378 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 15.9% in the 1st quarter. Farther Finance Advisors LLC now owns 4,252 shares of the company’s stock worth $292,000 after purchasing an additional 583 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in shares of Fidelity NASDAQ Composite Index ETF by 128.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 12,556 shares of the company’s stock worth $955,000 after purchasing an additional 7,064 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

Fidelity NASDAQ Composite Index ETF stock opened at $76.44 on Monday. The firm has a market capitalization of $7.69 billion, a P/E ratio of 27.82 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 1-year low of $58.12 and a 1-year high of $79.75. The company’s 50-day moving average is $72.50 and its 200 day moving average is $73.62.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 24th. Shareholders of record on Friday, June 20th will be given a dividend of $0.118 per share. This represents a $0.47 annualized dividend and a yield of 0.62%. The ex-dividend date is Friday, June 20th. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09.

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.