Thoroughbred Financial Services LLC Acquires 1,279 Shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Thoroughbred Financial Services LLC grew its holdings in shares of Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 18.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 8,392 shares of the company’s stock after acquiring an additional 1,279 shares during the period. Thoroughbred Financial Services LLC’s holdings in Fidelity NASDAQ Composite Index ETF were worth $586,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Fidelity NASDAQ Composite Index ETF during the second quarter worth about $38,000. Northwest Investment Counselors LLC acquired a new stake in Fidelity NASDAQ Composite Index ETF during the 1st quarter valued at approximately $52,000. CENTRAL TRUST Co raised its holdings in Fidelity NASDAQ Composite Index ETF by 68.2% during the 1st quarter. CENTRAL TRUST Co now owns 977 shares of the company’s stock worth $63,000 after purchasing an additional 396 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Fidelity NASDAQ Composite Index ETF in the 2nd quarter valued at $69,000. Finally, GAMMA Investing LLC increased its position in shares of Fidelity NASDAQ Composite Index ETF by 62.9% during the second quarter. GAMMA Investing LLC now owns 2,331 shares of the company’s stock worth $163,000 after buying an additional 900 shares during the period.

Fidelity NASDAQ Composite Index ETF Price Performance

Shares of NASDAQ:ONEQ opened at $69.46 on Tuesday. The business’s 50-day moving average is $68.92 and its 200-day moving average is $66.76. Fidelity NASDAQ Composite Index ETF has a 1 year low of $49.41 and a 1 year high of $73.58. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were given a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 0.60%. The ex-dividend date was Friday, June 21st.

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.