Flavin Financial Services Inc. Has $1.26 Million Holdings in Fidelity NASDAQ Composite Index ETF $ONEQ

Flavin Financial Services Inc. cut its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.7% in the second quarter, HoldingsChannel reports. The institutional investor owned 15,723 shares of the company’s stock after selling 435 shares during the quarter. Flavin Financial Services Inc.’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,259,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. Commonwealth Equity Services LLC raised its holdings in shares of Fidelity NASDAQ Composite Index ETF by 1.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,265,518 shares of the company’s stock worth $86,137,000 after buying an additional 13,545 shares in the last quarter. Wealthfront Advisers LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 11.5% during the 1st quarter. Wealthfront Advisers LLC now owns 705,032 shares of the company’s stock valued at $47,988,000 after purchasing an additional 72,912 shares in the last quarter. Heck Capital Advisors LLC raised its position in Fidelity NASDAQ Composite Index ETF by 37.9% in the 2nd quarter. Heck Capital Advisors LLC now owns 608,702 shares of the company’s stock valued at $48,757,000 after purchasing an additional 167,440 shares during the last quarter. NFP Retirement Inc. raised its position in Fidelity NASDAQ Composite Index ETF by 0.9% in the 1st quarter. NFP Retirement Inc. now owns 456,696 shares of the company’s stock valued at $31,085,000 after purchasing an additional 3,960 shares during the last quarter. Finally, LJI Wealth Management LLC raised its position in Fidelity NASDAQ Composite Index ETF by 4.0% in the 1st quarter. LJI Wealth Management LLC now owns 331,559 shares of the company’s stock valued at $22,568,000 after purchasing an additional 12,762 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of ONEQ opened at $89.23 on Friday. The stock has a fifty day moving average price of $87.01 and a two-hundred day moving average price of $79.17. Fidelity NASDAQ Composite Index ETF has a 52-week low of $58.12 and a 52-week high of $90.92. The company has a market cap of $9.00 billion, a price-to-earnings ratio of 28.20 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Friday, September 19th were given a $0.137 dividend. This represents a $0.55 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, September 19th. This is a positive change from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.12.

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.