NEOS Nasdaq 100 High Income ETF to Issue Monthly Dividend of $0.63 (NASDAQ:QQQI)

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) declared a monthly dividend on Tuesday, November 25th, NASDAQ Dividends reports. Shareholders of record on Wednesday, November 26th will be given a dividend of 0.6304 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 14.0%. The ex-dividend date of this dividend is Wednesday, November 26th.

NEOS Nasdaq 100 High Income ETF Trading Down 0.3%

QQQI traded down $0.17 on Wednesday, hitting $54.01. 3,249,576 shares of the company’s stock were exchanged, compared to its average volume of 2,237,946. The stock has a market cap of $5.78 billion, a price-to-earnings ratio of 32.88 and a beta of 0.88. The firm has a 50-day moving average price of $54.42 and a 200-day moving average price of $52.93. NEOS Nasdaq 100 High Income ETF has a fifty-two week low of $41.17 and a fifty-two week high of $55.93.

Institutional Investors Weigh In On NEOS Nasdaq 100 High Income ETF

A number of hedge funds have recently added to or reduced their stakes in QQQI. Pin Oak Investment Advisors Inc. raised its holdings in NEOS Nasdaq 100 High Income ETF by 806.0% in the third quarter. Pin Oak Investment Advisors Inc. now owns 453 shares of the company’s stock valued at $25,000 after acquiring an additional 403 shares in the last quarter. Bogart Wealth LLC lifted its position in NEOS Nasdaq 100 High Income ETF by 2,295.2% in the third quarter. Bogart Wealth LLC now owns 503 shares of the company’s stock valued at $27,000 after acquiring an additional 482 shares during the last quarter. SOA Wealth Advisors LLC. acquired a new stake in shares of NEOS Nasdaq 100 High Income ETF in the 3rd quarter valued at about $54,000. Golden State Wealth Management LLC acquired a new stake in shares of NEOS Nasdaq 100 High Income ETF in the third quarter valued at approximately $56,000. Finally, Anfield Capital Management LLC acquired a new position in shares of NEOS Nasdaq 100 High Income ETF in the 3rd quarter valued at $101,000.

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.