Fidelity NASDAQ Composite Index ETF $ONEQ Stock: Lebenthal Global Advisors LLC Cuts Holdings

Lebenthal Global Advisors LLC lowered its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 3.2% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 514,417 shares of the company’s stock after selling 17,238 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for approximately 7.3% of Lebenthal Global Advisors LLC’s holdings, making the stock its largest position. Lebenthal Global Advisors LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $54,446,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of ONEQ. Corient Private Wealth LP lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 1.0% during the 2nd quarter. Corient Private Wealth LP now owns 11,912 shares of the company’s stock valued at $1,230,000 after acquiring an additional 116 shares during the period. Accredited Investors Inc. grew its stake in Fidelity NASDAQ Composite Index ETF by 2.9% in the 1st quarter. Accredited Investors Inc. now owns 4,550 shares of the company’s stock valued at $386,000 after buying an additional 130 shares in the last quarter. First Heartland Consultants Inc. raised its holdings in Fidelity NASDAQ Composite Index ETF by 6.0% during the 3rd quarter. First Heartland Consultants Inc. now owns 2,609 shares of the company’s stock valued at $276,000 after acquiring an additional 148 shares during the period. Assetmark Inc. raised its holdings in Fidelity NASDAQ Composite Index ETF by 27.7% during the 1st quarter. Assetmark Inc. now owns 803 shares of the company’s stock valued at $68,000 after acquiring an additional 174 shares during the period. Finally, Seamount Financial Group Inc. raised its holdings in Fidelity NASDAQ Composite Index ETF by 4.2% during the 3rd quarter. Seamount Financial Group Inc. now owns 4,524 shares of the company’s stock valued at $479,000 after acquiring an additional 181 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Performance

NASDAQ:ONEQ opened at $100.25 on Friday. The business’s fifty day moving average is $104.72 and its 200 day moving average is $98.61. The firm has a market cap of $10.47 billion, a price-to-earnings ratio of 28.20 and a beta of 1.22. Fidelity NASDAQ Composite Index ETF has a 52-week low of $81.45 and a 52-week high of $109.24.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 22nd. Stockholders of record on Friday, September 18th were given a dividend of $0.1120 per share. This is a drop from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.1430. This represents a $0.45 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, September 18th.

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.