Commonwealth Equity Services LLC Cuts Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Commonwealth Equity Services LLC decreased its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 12.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,124,821 shares of the company’s stock after selling 158,082 shares during the period. Commonwealth Equity Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $80,537,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of ONEQ. LPL Financial LLC increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 4.0% in the 2nd quarter. LPL Financial LLC now owns 764,461 shares of the company’s stock valued at $53,459,000 after acquiring an additional 29,103 shares during the period. Kestra Advisory Services LLC boosted its position in Fidelity NASDAQ Composite Index ETF by 13.3% during the first quarter. Kestra Advisory Services LLC now owns 437,343 shares of the company’s stock valued at $28,165,000 after purchasing an additional 51,290 shares in the last quarter. LJI Wealth Management LLC grew its stake in Fidelity NASDAQ Composite Index ETF by 2.5% in the second quarter. LJI Wealth Management LLC now owns 367,480 shares of the company’s stock valued at $25,698,000 after purchasing an additional 9,038 shares during the last quarter. Regal Investment Advisors LLC raised its holdings in Fidelity NASDAQ Composite Index ETF by 0.6% in the second quarter. Regal Investment Advisors LLC now owns 357,693 shares of the company’s stock worth $25,013,000 after purchasing an additional 2,127 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 4.2% during the first quarter. Osaic Holdings Inc. now owns 284,622 shares of the company’s stock valued at $18,341,000 after buying an additional 11,491 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

NASDAQ:ONEQ opened at $72.88 on Friday. The company’s 50-day simple moving average is $70.06 and its 200-day simple moving average is $68.00. Fidelity NASDAQ Composite Index ETF has a fifty-two week low of $49.41 and a fifty-two week high of $73.58. The stock has a market capitalization of $7.01 billion, a P/E ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were paid a $0.113 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.45 annualized dividend and a yield of 0.62%.

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.