Ridgewood Investments LLC Has $1.04 Million Stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Ridgewood Investments LLC trimmed its stake in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,698 shares of the company’s stock after selling 361 shares during the period. Ridgewood Investments LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $1,042,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of ONEQ. Elevation Capital Advisory LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF in the second quarter valued at $10,691,000. FMR LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 12.7% in the third quarter. FMR LLC now owns 912,041 shares of the company’s stock valued at $65,302,000 after purchasing an additional 102,970 shares during the period. AE Wealth Management LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 45.9% in the second quarter. AE Wealth Management LLC now owns 270,419 shares of the company’s stock valued at $18,910,000 after purchasing an additional 85,105 shares during the period. International Assets Investment Management LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 7,059.0% in the third quarter. International Assets Investment Management LLC now owns 70,731 shares of the company’s stock valued at $50,640,000 after purchasing an additional 69,743 shares during the period. Finally, Gateway Wealth Partners LLC increased its holdings in Fidelity NASDAQ Composite Index ETF by 330.8% in the third quarter. Gateway Wealth Partners LLC now owns 43,819 shares of the company’s stock valued at $3,137,000 after purchasing an additional 33,647 shares during the period.

Fidelity NASDAQ Composite Index ETF Stock Down 1.9 %

Fidelity NASDAQ Composite Index ETF stock traded down $1.45 during trading hours on Friday, reaching $75.25. 221,575 shares of the company’s stock were exchanged, compared to its average volume of 333,296. The firm’s 50 day simple moving average is $76.43 and its 200 day simple moving average is $72.33. Fidelity NASDAQ Composite Index ETF has a twelve month low of $57.95 and a twelve month high of $79.75. The firm has a market capitalization of $7.46 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a dividend of $0.168 per share. This is an increase from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11. This represents a $0.67 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend was Friday, December 20th.

Fidelity NASDAQ Composite Index ETF Company 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.