TRUE Private Wealth Advisors Sells 1,514 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

TRUE Private Wealth Advisors cut its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 12.6% in the fourth quarter, Holdings Channel reports. The fund owned 10,523 shares of the company’s stock after selling 1,514 shares during the period. TRUE Private Wealth Advisors’ holdings in Fidelity NASDAQ Composite Index ETF were worth $623,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Moneta Group Investment Advisors LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at $656,599,000. Bank of America Corp DE increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 52.3% in the fourth quarter. Bank of America Corp DE now owns 745,044 shares of the company’s stock valued at $30,524,000 after buying an additional 255,949 shares in the last quarter. FMR LLC increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 92.9% in the second quarter. FMR LLC now owns 428,174 shares of the company’s stock valued at $18,475,000 after buying an additional 206,188 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 164.5% in the fourth quarter. Wells Fargo & Company MN now owns 203,754 shares of the company’s stock valued at $8,348,000 after buying an additional 126,713 shares in the last quarter. Finally, Aptus Capital Advisors LLC acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF in the third quarter valued at $6,448,000.

Fidelity NASDAQ Composite Index ETF Stock Down 1.0 %

Shares of ONEQ stock opened at $61.77 on Thursday. The stock has a 50-day moving average price of $63.40 and a 200 day moving average price of $58.85. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 32.93 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12 month low of $46.32 and a 12 month high of $65.09.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 18th were given a dividend of $0.112 per share. The ex-dividend date was Friday, March 15th. This represents a $0.45 annualized dividend and a dividend yield of 0.73%.

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.