Eastern Bank Makes New $197,000 Investment in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Eastern Bank purchased a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the third quarter, Holdings Channel reports. The fund purchased 2,757 shares of the company’s stock, valued at approximately $197,000.

Other institutional investors and hedge funds have also modified their holdings of the company. PNC Financial Services Group Inc. increased its holdings in shares of Fidelity NASDAQ Composite Index ETF by 18.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 5,690 shares of the company’s stock valued at $337,000 after acquiring an additional 886 shares during the last quarter. DGS Capital Management LLC acquired a new position in Fidelity NASDAQ Composite Index ETF during the 1st quarter worth $227,000. Wealth Enhancement Advisory Services LLC lifted its position in Fidelity NASDAQ Composite Index ETF by 11.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 15,720 shares of the company’s stock worth $1,012,000 after acquiring an additional 1,580 shares during the last quarter. Hengehold Capital Management LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the first quarter valued at about $213,000. Finally, Hubbell Strickland Wealth Management LLC grew its position in shares of Fidelity NASDAQ Composite Index ETF by 2.9% in the first quarter. Hubbell Strickland Wealth Management LLC now owns 29,425 shares of the company’s stock valued at $1,894,000 after purchasing an additional 834 shares during the last quarter.

Fidelity NASDAQ Composite Index ETF Stock Performance

Fidelity NASDAQ Composite Index ETF stock opened at $72.50 on Friday. The business’s 50-day simple moving average is $70.39 and its 200-day simple moving average is $68.18. Fidelity NASDAQ Composite Index ETF has a 52 week low of $49.41 and a 52 week high of $73.58. The firm has a market capitalization of $6.97 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders of record on Friday, September 20th were issued a dividend of $0.113 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $0.45 dividend on an annualized basis and a dividend yield of 0.62%.

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.