During the third quarter, Cedar Mountain Advisors LLC reduced its position in QQQ by 3.7%, selling 1,571 shares and ending the period with 40,732 shares, representing 4.8% of its total portfolio and valued at approximately $24.45 million. Other institutional moves included Fifth Third Securities Inc. increasing its stake by 2.6% to 109,863 shares, BCGM Wealth Management LLC lifting its holdings by 13.6% to 25,597 shares, and Prospect Financial Services LLC adding 986 shares for a 9.1% gain. Wisconsin Wealth Advisors LLC also expanded its position by 21.2%, acquiring an additional 1,179 shares. Collectively, hedge funds and institutional investors now own 44.58% of QQQ.

Since its inception in 1999, QQQ has amassed $403 billion in assets under management and delivered cumulative returns that exceed those of the S&P 500 by over 545%. The ETF holds the 100 largest non-financial companies listed on the Nasdaq, with technology stocks accounting for 64% of the portfolio. Its top ten holdings constitute 48% of assets, led by three mega-caps that together represent 22% of the fund. Over the past five years, QQQ has generated a cumulative return of approximately 101%, and it has outperformed the broader market in three consecutive calendar years.

On December 31, QQQ paid a quarterly dividend of $0.7941 per share, up from $0.69 in the prior distribution, marking a 15% increase. The new payout translates to an annualized dividend of $3.18 and a yield of approximately 0.5%. The record date for the distribution was December 22, following an ex-dividend date on the same day. This marks the first dividend increase for QQQ in over a year, reflecting the fund’s improving cash flows and commitment to returning capital to shareholders.