Kestra Private Wealth Services LLC Has $2.07 Million Holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Kestra Private Wealth Services LLC cut its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 38.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,240 shares of the company’s stock after selling 17,094 shares during the period. Kestra Private Wealth Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $2,072,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Cedar Point Capital Partners LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 0.3% during the 4th quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock worth $3,284,000 after buying an additional 134 shares in the last quarter. Paragon Capital Management Inc. raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 1.5% in the 3rd quarter. Paragon Capital Management Inc. now owns 10,935 shares of the company’s stock valued at $783,000 after purchasing an additional 159 shares during the period. Baker Avenue Asset Management LP raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 6.1% in the 3rd quarter. Baker Avenue Asset Management LP now owns 3,777 shares of the company’s stock valued at $270,000 after purchasing an additional 217 shares during the period. Larson Financial Group LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.8% in the 3rd quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock valued at $108,000 after purchasing an additional 239 shares during the period. Finally, Beaumont Financial Advisors LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 3.8% in the 4th quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock valued at $618,000 after purchasing an additional 300 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ stock opened at $77.35 on Wednesday. The firm’s 50-day moving average is $77.42 and its 200-day moving average is $73.30. The stock has a market cap of $7.73 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 52-week low of $59.98 and a 52-week high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.168 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.87%. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Friday, December 20th.

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.