Fidelity NASDAQ Composite Index ETF $ONEQ Stake Boosted by Prasad Wealth Partners LLC

Prasad Wealth Partners LLC boosted its stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 253,916 shares of the company’s stock after buying an additional 5,730 shares during the quarter. Fidelity NASDAQ Composite Index ETF makes up approximately 5.9% of Prasad Wealth Partners LLC’s portfolio, making the stock its largest holding. Prasad Wealth Partners LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $21,560,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at about $26,000. Newbridge Financial Services Group Inc. increased its stake in shares of 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 worth $31,000 after purchasing an additional 125 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its holdings 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 during the period. Prosperity Bancshares Inc purchased a new position in Fidelity NASDAQ Composite Index ETF in the fourth quarter valued at approximately $37,000. Finally, Assetmark Inc. grew its holdings in Fidelity NASDAQ Composite Index ETF by 24.6% during the fourth quarter. Assetmark Inc. now owns 629 shares of the company’s stock valued at $57,000 after purchasing an additional 124 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

NASDAQ:ONEQ opened at $101.66 on Friday. The business has a fifty day simple moving average of $102.24 and a two-hundred day simple moving average of $94.48. Fidelity NASDAQ Composite Index ETF has a 1 year low of $79.89 and a 1 year high of $107.07. The company has a market capitalization of $10.53 billion, a P/E ratio of 28.20 and a beta of 1.21.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a dividend of $0.143 per share. This represents a $0.57 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Thursday, June 18th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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. 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.