Verus Capital Partners LLC Cuts Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Verus Capital Partners LLC decreased its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 7.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,822 shares of the company’s stock after selling 552 shares during the quarter. Verus Capital Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $546,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ONEQ. IMA Advisory Services Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 1st quarter valued at approximately $26,000. DHJJ Financial Advisors Ltd. grew its stake in shares of Fidelity NASDAQ Composite Index ETF by 531.7% during the second quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock worth $30,000 after purchasing an additional 319 shares in the last quarter. WPG Advisers LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the first quarter valued at $32,000. Cape Investment Advisory Inc. increased its holdings in Fidelity NASDAQ Composite Index ETF by 621.7% in the first quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock valued at $41,000 after buying an additional 516 shares during the last quarter. Finally, Private Wealth Management Group LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the first quarter valued at $43,000.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of NASDAQ ONEQ opened at $92.36 on Wednesday. The business has a 50-day moving average of $89.50 and a two-hundred day moving average of $82.65. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15. Fidelity NASDAQ Composite Index ETF has a 1 year low of $58.12 and a 1 year high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 19th were issued a $0.137 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 0.6%. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12. The ex-dividend date of this dividend was Friday, September 19th.

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.