Avondale Wealth Management Has $1.06 Million Position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Avondale Wealth Management lessened its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 9.1% during the 4th quarter, HoldingsChannel reports. The firm owned 13,963 shares of the company’s stock after selling 1,392 shares during the quarter. Fidelity NASDAQ Composite Index ETF comprises 0.7% of Avondale Wealth Management’s holdings, making the stock its 22nd biggest position. Avondale Wealth Management’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,062,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of ONEQ. Elevation Capital Advisory LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at $10,691,000. FMR LLC boosted its stake in Fidelity NASDAQ Composite Index ETF by 12.7% during the 3rd quarter. FMR LLC now owns 912,041 shares of the company’s stock valued at $65,302,000 after purchasing an additional 102,970 shares during the period. AE Wealth Management LLC grew its holdings in Fidelity NASDAQ Composite Index ETF by 45.9% in the 2nd quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock valued at $18,910,000 after buying an additional 85,105 shares during the last quarter. International Assets Investment Management LLC grew its holdings in Fidelity NASDAQ Composite Index ETF by 7,059.0% in the 3rd quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock valued at $50,640,000 after buying an additional 69,743 shares during the last quarter. Finally, Gateway Wealth Partners LLC increased its position in Fidelity NASDAQ Composite Index ETF by 330.8% in the 3rd quarter. Gateway Wealth Partners LLC now owns 43,819 shares of the company’s stock worth $3,137,000 after buying an additional 33,647 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of Fidelity NASDAQ Composite Index ETF stock traded down $1.03 during midday trading on Friday, hitting $75.67. The company had a trading volume of 142,348 shares, compared to its average volume of 318,195. Fidelity NASDAQ Composite Index ETF has a 1-year low of $57.95 and a 1-year high of $79.75. The business’s 50 day simple moving average is $76.43 and its two-hundred day simple moving average is $72.33. The stock has a market cap of $7.51 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a dividend of $0.168 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date was Friday, December 20th. This represents a $0.67 annualized dividend and a dividend yield of 0.89%.

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.