Wealthfront Advisers LLC Sells 550,434 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Wealthfront Advisers LLC reduced its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 99.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 959 shares of the company’s stock after selling 550,434 shares during the quarter. Wealthfront Advisers LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $73,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of ONEQ. Darwin Wealth Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF during the 3rd quarter worth approximately $78,000. Great Valley Advisor Group Inc. grew its position in shares of Fidelity NASDAQ Composite Index ETF by 9.5% during the 3rd quarter. Great Valley Advisor Group Inc. now owns 54,565 shares of the company’s stock worth $3,907,000 after purchasing an additional 4,715 shares in the last quarter. Cerity Partners LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 6.4% during the 3rd quarter. Cerity Partners LLC now owns 19,731 shares of the company’s stock worth $1,413,000 after purchasing an additional 1,188 shares in the last quarter. Larson Financial Group LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 18.8% during the 3rd quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock worth $108,000 after purchasing an additional 239 shares in the last quarter. Finally, FMR LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 12.7% during the 3rd quarter. FMR LLC now owns 912,041 shares of the company’s stock worth $65,302,000 after purchasing an additional 102,970 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Down 1.6 %

Shares of NASDAQ:ONEQ opened at $69.08 on Wednesday. The company’s 50 day moving average price is $75.45 and its two-hundred day moving average price is $74.36. Fidelity NASDAQ Composite Index ETF has a 12-month low of $59.98 and a 12-month high of $79.75. The firm has a market cap of $6.90 billion, a PE ratio of 29.43 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were given a dividend of $0.168 per share. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.97%. The ex-dividend date was Friday, December 20th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

Fidelity NASDAQ Composite Index ETF Company 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.