Independent Wealth Network Inc. Purchases New Shares in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Independent Wealth Network Inc. bought a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 23,161 shares of the company’s stock, valued at approximately $1,762,000.

Several other hedge funds have also added to or reduced their stakes in ONEQ. Envestnet Asset Management Inc. boosted its holdings in Fidelity NASDAQ Composite Index ETF by 11.2% in the second quarter. Envestnet Asset Management Inc. now owns 32,860 shares of the company’s stock worth $2,298,000 after acquiring an additional 3,321 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Fidelity NASDAQ Composite Index ETF by 30.8% in the second quarter. Renaissance Technologies LLC now owns 25,900 shares of the company’s stock worth $1,811,000 after acquiring an additional 6,100 shares in the last quarter. Blair William & Co. IL bought a new stake in Fidelity NASDAQ Composite Index ETF in the second quarter worth $217,000. Thrivent Financial for Lutherans boosted its holdings in Fidelity NASDAQ Composite Index ETF by 0.7% in the second quarter. Thrivent Financial for Lutherans now owns 181,060 shares of the company’s stock worth $12,662,000 after acquiring an additional 1,297 shares in the last quarter. Finally, Oliver Lagore Vanvalin Investment Group boosted its holdings in Fidelity NASDAQ Composite Index ETF by 5.1% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 71,274 shares of the company’s stock worth $4,984,000 after acquiring an additional 3,479 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 1.2 %

Fidelity NASDAQ Composite Index ETF stock opened at $78.80 on Thursday. The company has a market capitalization of $7.86 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12 month low of $59.71 and a 12 month high of $79.75. The business’s fifty day simple moving average is $76.75 and its two-hundred day simple moving average is $72.68.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared 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. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.85%. The ex-dividend date was Friday, December 20th.

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.