Modera Wealth Management LLC Buys Shares of 7,970 Fidelity NASDAQ Composite Index ETF $ONEQ

Modera Wealth Management LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 7,970 shares of the company’s stock, valued at approximately $728,000.

Other hedge funds have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at $26,000. Newbridge Financial Services Group Inc. raised its stake in Fidelity NASDAQ Composite Index ETF by 57.9% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock valued at $31,000 after buying an additional 125 shares during the last quarter. Clearstead Advisors LLC purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter worth $34,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 442.9% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 380 shares of the company’s stock worth $35,000 after purchasing an additional 310 shares in the last quarter. Finally, Assetmark Inc. increased its stake in shares of Fidelity NASDAQ Composite Index ETF by 31.2% in the 3rd quarter. Assetmark Inc. now owns 505 shares of the company’s stock worth $45,000 after purchasing an additional 120 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ:ONEQ opened at $89.81 on Friday. The firm has a market capitalization of $9.10 billion, a price-to-earnings ratio of 28.20 and a beta of 1.18. Fidelity NASDAQ Composite Index ETF has a one year low of $61.70 and a one year high of $94.49. The business has a fifty day moving average price of $88.39 and a 200-day moving average price of $90.22.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were paid a $0.111 dividend. This represents a $0.44 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Friday, March 20th.

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.