NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Declares $0.65 Monthly Dividend

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) declared a monthly dividend on Tuesday, August 18th, NASDAQ Dividends reports. Stockholders of record on Wednesday, August 19th will be paid a dividend of 0.6518 per share on Friday, August 21st. This represents a c) annualized dividend and a dividend yield of 14.4%. The ex-dividend date of this dividend is Wednesday, August 19th.

NEOS Nasdaq 100 High Income ETF Stock Down 1.3%

NASDAQ:QQQI traded down $0.73 during trading hours on Wednesday, reaching $54.34. 4,685,411 shares of the stock were exchanged, compared to its average volume of 6,082,384. The stock has a market capitalization of $13.78 billion, a P/E ratio of 32.88 and a beta of 0.95. The firm has a 50 day simple moving average of $55.09 and a 200-day simple moving average of $53.99. NEOS Nasdaq 100 High Income ETF has a 52 week low of $47.87 and a 52 week high of $57.84.

Hedge Funds Weigh In On NEOS Nasdaq 100 High Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of QQQI. Janney Montgomery Scott LLC increased its position in NEOS Nasdaq 100 High Income ETF by 2.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 9,811 shares of the company’s stock worth $528,000 after buying an additional 233 shares during the period. Russell Investments Group Ltd. boosted its holdings in shares of NEOS Nasdaq 100 High Income ETF by 66.8% during the fourth 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 period. Capital Planning LLC grew its position in shares of NEOS Nasdaq 100 High Income ETF by 3.2% during the first quarter. Capital Planning LLC now owns 9,617 shares of the company’s stock worth $478,000 after acquiring an additional 295 shares during the last quarter. Novak & Powell Financial Services Inc. grew its position in shares of NEOS Nasdaq 100 High Income ETF by 5.2% during the fourth quarter. Novak & Powell Financial Services Inc. now owns 6,100 shares of the company’s stock worth $329,000 after acquiring an additional 300 shares during the last quarter. Finally, Pin Oak Investment Advisors Inc. increased its holdings in shares of NEOS Nasdaq 100 High Income ETF by 806.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 453 shares of the company’s stock worth $25,000 after acquiring an additional 403 shares during the period.

NEOS Nasdaq 100 High Income ETF Company Profile

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.