Western Wealth Management LLC Takes $220,000 Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Western Wealth Management LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,750 shares of the company’s stock, valued at approximately $220,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. DHJJ Financial Advisors Ltd. lifted its position in shares of Fidelity NASDAQ Composite Index ETF by 531.7% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 379 shares of the company’s stock valued at $30,000 after acquiring an additional 319 shares during the period. IMA Advisory Services Inc. acquired a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 1st quarter worth approximately $26,000. WPG Advisers LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the first quarter valued at approximately $32,000. Cape Investment Advisory Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 621.7% during the first quarter. Cape Investment Advisory Inc. now owns 599 shares of the company’s stock valued at $41,000 after purchasing an additional 516 shares in the last quarter. Finally, RMG Wealth Management LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the second quarter worth $73,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $88.79 on Thursday. Fidelity NASDAQ Composite Index ETF has a 52-week low of $58.12 and a 52-week high of $94.49. The firm has a market cap of $8.97 billion, a price-to-earnings ratio of 28.20 and a beta of 1.15. The business’s fifty day moving average is $89.99 and its 200-day moving average is $83.42.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Friday, September 19th were paid a $0.137 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Friday, September 19th. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12.

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.