Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) is David Kennon Inc’s 4th Largest Position

David Kennon Inc lowered its holdings in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) by 0.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 248,699 shares of the company’s stock after selling 1,516 shares during the period. Fidelity NASDAQ Composite Index ETF makes up 7.5% of David Kennon Inc’s investment portfolio, making the stock its 4th largest position. David Kennon Inc owned about 0.25% of Fidelity NASDAQ Composite Index ETF worth $18,916,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cedar Point Capital Partners LLC raised its stake in Fidelity NASDAQ Composite Index ETF by 0.3% in the fourth quarter. Cedar Point Capital Partners LLC now owns 43,173 shares of the company’s stock worth $3,284,000 after buying an additional 134 shares in the last quarter. Paragon Capital Management Inc. raised its position in shares of Fidelity NASDAQ Composite Index ETF by 1.5% in the 3rd quarter. Paragon Capital Management Inc. now owns 10,935 shares of the company’s stock worth $783,000 after acquiring an additional 159 shares in the last quarter. Baker Avenue Asset Management LP boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 6.1% during the third quarter. Baker Avenue Asset Management LP now owns 3,777 shares of the company’s stock valued at $270,000 after purchasing an additional 217 shares in the last quarter. Larson Financial Group LLC boosted its position in shares of Fidelity NASDAQ Composite Index ETF by 18.8% during the third quarter. Larson Financial Group LLC now owns 1,513 shares of the company’s stock valued at $108,000 after purchasing an additional 239 shares in the last quarter. Finally, Beaumont Financial Advisors LLC raised its holdings in Fidelity NASDAQ Composite Index ETF by 3.8% in the fourth quarter. Beaumont Financial Advisors LLC now owns 8,123 shares of the company’s stock worth $618,000 after purchasing an additional 300 shares in the last quarter.

Fidelity NASDAQ Composite Index ETF Trading Up 2.1 %

Shares of ONEQ stock opened at $77.72 on Wednesday. The company’s fifty day moving average price is $77.02 and its 200-day moving average price is $72.83. The stock has a market cap of $7.76 billion, a PE ratio of 33.60 and a beta of 1.13. Fidelity NASDAQ Composite Index ETF has a 12 month low of $59.71 and a 12 month high of $79.75.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were issued a $0.168 dividend. This represents a $0.67 dividend on an annualized basis and a yield of 0.86%. The ex-dividend date of this dividend was Friday, December 20th. This is a boost from Fidelity NASDAQ Composite Index ETF’s previous quarterly dividend of $0.11.

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.