NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Stock Price Down 0.1% – Time to Sell?

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI)’s share price traded down 0.1% during trading on Thursday . The company traded as low as $47.44 and last traded at $47.53. 30,136 shares traded hands during mid-day trading, an increase of 39% from the average session volume of 21,634 shares. The stock had previously closed at $47.56.

NEOS Enhanced Income Aggregate Bond ETF Stock Down 0.1%

The company has a market cap of $134.81 million, a P/E ratio of 24.67 and a beta of 0.32. The firm has a fifty day moving average price of $47.71 and a 200 day moving average price of $47.56.

NEOS Enhanced Income Aggregate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, January 14th were issued a dividend of $0.2287 per share. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

Hedge Funds Weigh In On NEOS Enhanced Income Aggregate Bond ETF

A hedge fund recently bought a new stake in NEOS Enhanced Income Aggregate Bond ETF stock. Private Trust Co. NA purchased a new stake in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,305 shares of the company’s stock, valued at approximately $205,000. Private Trust Co. NA owned about 0.19% of NEOS Enhanced Income Aggregate Bond ETF at the end of the most recent reporting period.

NEOS Enhanced Income Aggregate Bond ETF Company Profile

The Neos Enhanced Income Aggregate Bond ETF (BNDI) is an exchange-traded fund that is based on the U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a diversified portfolio of fixed income securities with varying maturities and credit ratings while utilizing a US large-cap put-spread strategy. BNDI was launched on Aug 30, 2022 and is managed by Neos.