Lebenthal Global Advisors LLC Purchases 155,262 Shares of Fidelity NASDAQ Composite Index ETF $ONEQ

Lebenthal Global Advisors LLC raised its position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 42.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 521,216 shares of the company’s stock after buying an additional 155,262 shares during the period. Fidelity NASDAQ Composite Index ETF accounts for about 7.4% of Lebenthal Global Advisors LLC’s investment portfolio, making the stock its 2nd biggest position. Lebenthal Global Advisors LLC owned 0.51% of Fidelity NASDAQ Composite Index ETF worth $47,639,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ethos Financial Group LLC acquired a new position in Fidelity NASDAQ Composite Index ETF in the third quarter valued at about $645,000. Sterling Investment Counsel LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the third quarter worth about $933,000. Heck Capital Advisors LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 1.2% in the third quarter. Heck Capital Advisors LLC now owns 616,117 shares of the company’s stock worth $54,914,000 after acquiring an additional 7,415 shares during the last quarter. Facet Wealth Inc. bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the third quarter worth about $595,000. Finally, Brighton Jones LLC raised its stake in shares of Fidelity NASDAQ Composite Index ETF by 72.6% in the fourth quarter. Brighton Jones LLC now owns 5,117 shares of the company’s stock worth $389,000 after acquiring an additional 2,153 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 0.8%

Shares of NASDAQ ONEQ opened at $96.31 on Friday. Fidelity NASDAQ Composite Index ETF has a 1-year low of $65.87 and a 1-year high of $97.11. The company has a market cap of $9.77 billion, a PE ratio of 28.20 and a beta of 1.18. The company has a 50-day moving average of $89.14 and a two-hundred day moving average of $90.60.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

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

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.