Coastline Complete Wealth LLC Takes $8.60 Million Position in Fidelity NASDAQ Composite Index ETF $ONEQ

Coastline Complete Wealth LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 101,306 shares of the company’s stock, valued at approximately $8,602,000. Fidelity NASDAQ Composite Index ETF accounts for about 5.3% of Coastline Complete Wealth LLC’s holdings, making the stock its 6th largest holding. Coastline Complete Wealth LLC owned about 0.10% of Fidelity NASDAQ Composite Index ETF at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Private Advisor Group LLC lifted its stake in Fidelity NASDAQ Composite Index ETF by 0.6% in the third quarter. Private Advisor Group LLC now owns 19,862 shares of the company’s stock worth $1,770,000 after acquiring an additional 123 shares during the last quarter. Assetmark Inc. increased its position in shares of Fidelity NASDAQ Composite Index ETF by 24.6% in the 4th quarter. Assetmark Inc. now owns 629 shares of the company’s stock valued at $57,000 after purchasing an additional 124 shares during the last quarter. Newbridge Financial Services Group Inc. increased its position in shares of Fidelity NASDAQ Composite Index ETF by 57.9% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 341 shares of the company’s stock valued at $31,000 after purchasing an additional 125 shares during the last quarter. Accredited Investors Inc. raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 2.9% in the 1st quarter. Accredited Investors Inc. now owns 4,550 shares of the company’s stock valued at $386,000 after purchasing an additional 130 shares in the last quarter. Finally, Focused Wealth Management Inc raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 0.3% in the 1st quarter. Focused Wealth Management Inc now owns 40,568 shares of the company’s stock valued at $3,445,000 after purchasing an additional 138 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 1.2%

Fidelity NASDAQ Composite Index ETF stock opened at $100.03 on Friday. The stock has a market cap of $10.38 billion, a P/E ratio of 28.20 and a beta of 1.21. The company has a fifty day simple moving average of $102.17 and a 200-day simple moving average of $95.78. Fidelity NASDAQ Composite Index ETF has a 12-month low of $80.76 and a 12-month high of $107.07.

Fidelity NASDAQ Composite Index ETF Increases Dividend

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

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.