Thrivent Financial for Lutherans Makes New $15.93 Million Investment in Fidelity NASDAQ Composite Index ETF $ONEQ

Thrivent Financial for Lutherans bought a new stake in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 178,769 shares of the company’s stock, valued at approximately $15,934,000. Thrivent Financial for Lutherans owned approximately 0.18% of Fidelity NASDAQ Composite Index ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ONEQ. Private Trust Co. NA boosted its holdings in Fidelity NASDAQ Composite Index ETF by 18.7% in the second quarter. Private Trust Co. NA now owns 890 shares of the company’s stock valued at $71,000 after purchasing an additional 140 shares during the last quarter. RMG Wealth Management LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at approximately $73,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of Fidelity NASDAQ Composite Index ETF in the 3rd quarter valued at approximately $85,000. Darwin Wealth Management LLC purchased a new position in shares of Fidelity NASDAQ Composite Index ETF during the 2nd quarter valued at approximately $87,000. Finally, Cape Investment Advisory Inc. grew its position in shares of Fidelity NASDAQ Composite Index ETF by 116.4% during the second quarter. Cape Investment Advisory Inc. now owns 1,296 shares of the company’s stock worth $104,000 after buying an additional 697 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Down 1.5%

Shares of NASDAQ:ONEQ opened at $91.44 on Wednesday. The firm has a market cap of $9.29 billion, a PE ratio of 28.20 and a beta of 1.15. The company has a fifty day simple moving average of $92.18 and a 200 day simple moving average of $89.15. Fidelity NASDAQ Composite Index ETF has a 12-month low of $58.12 and a 12-month high of $94.49.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Friday, December 19th were paid a $0.147 dividend. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, December 19th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 0.6%.

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. The Fund uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the index that have a similar investment profile to the entire the Index.