Canvas Wealth Advisors LLC Buys Shares of 13,449 Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ)

Canvas Wealth Advisors LLC purchased a new position in Fidelity NASDAQ Composite Index ETF (NASDAQ:ONEQ) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,449 shares of the company’s stock, valued at approximately $1,023,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Newbridge Financial Services Group Inc. bought a new stake in Fidelity NASDAQ Composite Index ETF in the fourth quarter worth $25,000. Fifth Third Bancorp bought a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth about $38,000. Red Tortoise LLC bought a new position in Fidelity NASDAQ Composite Index ETF in the 4th quarter worth about $41,000. Geneos Wealth Management Inc. purchased a new stake in Fidelity NASDAQ Composite Index ETF during the 4th quarter valued at about $51,000. Finally, Northwest Investment Counselors LLC bought a new stake in Fidelity NASDAQ Composite Index ETF during the 3rd quarter valued at about $57,000.

Fidelity NASDAQ Composite Index ETF Stock Performance

Shares of NASDAQ ONEQ opened at $76.90 on Monday. The firm’s 50 day moving average price is $77.40 and its 200-day moving average price is $73.19. Fidelity NASDAQ Composite Index ETF has a 52-week low of $59.98 and a 52-week high of $79.75. The company has a market cap of $7.68 billion, a PE ratio of 33.60 and a beta of 1.13.

Fidelity NASDAQ Composite Index ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a $0.168 dividend. 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. This represents a $0.67 annualized dividend and a yield of 0.87%.

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.