Spartan Wealth Advisory Services LLC Purchases New Shares in Fidelity NASDAQ Composite Index ETF $ONEQ

Spartan Wealth Advisory Services LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 30,500 shares of the company’s stock, valued at approximately $2,590,000.

A number of other institutional investors have also recently added to or reduced their stakes in ONEQ. Northwestern Mutual Wealth Management Co. boosted its position in Fidelity NASDAQ Composite Index ETF by 494.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 329,154 shares of the company’s stock valued at $30,085,000 after buying an additional 273,803 shares during the last quarter. Align Financial LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth about $27,128,000. Lebenthal Global Advisors LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF by 42.4% during the fourth quarter. Lebenthal Global Advisors LLC now owns 521,216 shares of the company’s stock worth $47,639,000 after acquiring an additional 155,262 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF by 21.4% during the first quarter. Kestra Advisory Services LLC now owns 510,241 shares of the company’s stock worth $43,325,000 after acquiring an additional 89,794 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of Fidelity NASDAQ Composite Index ETF by 7.8% in the fourth quarter. LPL Financial LLC now owns 1,201,414 shares of the company’s stock worth $109,809,000 after acquiring an additional 86,467 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $100.45 on Friday. The company has a market capitalization of $10.40 billion, a P/E ratio of 28.20 and a beta of 1.21. Fidelity NASDAQ Composite Index ETF has a one year low of $80.76 and a one year high of $107.07. The stock has a 50-day moving average price of $103.00 and a 200 day moving average price of $95.29.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a dividend of $0.143 per share. The ex-dividend date was Thursday, June 18th. This represents a $0.57 annualized dividend and a yield of 0.6%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.