Wealth Management Associates Inc. Sells 219 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Wealth Management Associates Inc. lowered its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 1.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,189 shares of the company’s stock after selling 219 shares during the period. Wealth Management Associates Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,510,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ONEQ. Integrity Alliance LLC. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the first quarter worth approximately $273,000. Jane Street Group LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the first quarter worth approximately $3,330,000. Cape Investment Advisory Inc. raised its stake in shares of 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 worth $41,000 after purchasing an additional 516 shares during the last quarter. Pinnacle Family Advisors LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 1.2% in the first quarter. Pinnacle Family Advisors LLC now owns 23,175 shares of the company’s stock worth $1,577,000 after purchasing an additional 272 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 19.9% in the first quarter. NewEdge Advisors LLC now owns 25,377 shares of the company’s stock worth $1,727,000 after purchasing an additional 4,213 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of Fidelity NASDAQ Composite Index ETF stock opened at $86.18 on Thursday. The company has a market cap of $8.66 billion, a PE ratio of 28.20 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 52 week low of $58.12 and a 52 week high of $86.76. The business has a 50 day moving average price of $83.41 and a 200-day moving average price of $75.78.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were paid a $0.118 dividend. This represents a $0.47 annualized dividend and a dividend yield of 0.5%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, June 20th.

About Fidelity NASDAQ Composite Index ETF

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.