Principal Securities Inc. Sells 503 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Principal Securities Inc. lessened its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 24,714 shares of the company’s stock after selling 503 shares during the quarter. Principal Securities Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,880,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Newbridge Financial Services Group Inc. bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the 4th quarter worth approximately $25,000. Fifth Third Bancorp purchased a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $38,000. Red Tortoise LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter worth $41,000. Geneos Wealth Management Inc. purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF during the fourth quarter valued at $51,000. Finally, Northwest Investment Counselors LLC bought a new position in shares of Fidelity NASDAQ Composite Index ETF in the third quarter worth about $57,000.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of ONEQ opened at $78.78 on Wednesday. The firm has a market capitalization of $7.87 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 1-year low of $59.98 and a 1-year high of $79.75. The company has a 50-day moving average of $77.47 and a 200 day moving average of $73.64.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were paid a dividend of $0.168 per share. This represents a $0.67 annualized dividend and a dividend yield of 0.85%. The ex-dividend date of this dividend was Friday, December 20th. This is an increase 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.