NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) to Issue Monthly Dividend of $0.66

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) announced a monthly dividend on Monday, June 15th, NASDAQ Dividends reports. Stockholders of record on Tuesday, June 16th will be given a dividend of 0.6572 per share on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 14.0%. The ex-dividend date is Tuesday, June 16th. This is a 4.4% increase from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.63.

NEOS Nasdaq 100 High Income ETF Price Performance

Shares of QQQI stock traded down $1.49 during mid-day trading on Tuesday, hitting $56.15. The company had a trading volume of 6,829,476 shares, compared to its average volume of 6,261,670. NEOS Nasdaq 100 High Income ETF has a 52-week low of $47.87 and a 52-week high of $57.84. The stock’s 50 day moving average price is $54.95 and its 200-day moving average price is $53.77. The company has a market capitalization of $11.38 billion, a P/E ratio of 32.88 and a beta of 0.93.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

Several hedge funds have recently bought and sold shares of QQQI. Pin Oak Investment Advisors Inc. grew its holdings in NEOS Nasdaq 100 High Income ETF by 806.0% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 453 shares of the company’s stock valued at $25,000 after buying an additional 403 shares in the last quarter. Hollencrest Capital Management bought a new position in shares of NEOS Nasdaq 100 High Income ETF during the 4th quarter valued at approximately $28,000. Russell Investments Group Ltd. boosted its position in shares of NEOS Nasdaq 100 High Income ETF by 66.8% during the 4th quarter. Russell Investments Group Ltd. now owns 709 shares of the company’s stock valued at $38,000 after acquiring an additional 284 shares during the last quarter. SOA Wealth Advisors LLC. grew its holdings in shares of NEOS Nasdaq 100 High Income ETF by 25.0% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,251 shares of the company’s stock valued at $67,000 after purchasing an additional 250 shares in the last quarter. Finally, Anfield Capital Management LLC purchased a new position in shares of NEOS Nasdaq 100 High Income ETF in the third quarter valued at $101,000.

About NEOS Nasdaq 100 High Income ETF

The NEOS Nasdaq 100 High Income ETF (QQQI) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks high monthly income through NASDAQ-100 stocks and call options, pursuing potential equity growth in a tax-efficient manner. QQQI was launched on Jan 30, 2024 and is issued by Neos.