NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Shares Down 0.2% – What’s Next?

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) was down 0.2% during mid-day trading on Monday . The company traded as low as $46.46 and last traded at $46.56. Approximately 27,285 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 25,466 shares. The stock had previously closed at $46.65.

NEOS Enhanced Income Aggregate Bond ETF Stock Up 0.7%

The firm’s 50-day moving average price is $47.15 and its two-hundred day moving average price is $47.51. The firm has a market capitalization of $167.29 million, a PE ratio of 24.67 and a beta of 0.28.

Institutional Investors Weigh In On NEOS Enhanced Income Aggregate Bond ETF

A hedge fund recently raised its stake in NEOS Enhanced Income Aggregate Bond ETF stock. Carter Financial Group INC. lifted its position in NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) by 6.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 96,315 shares of the company’s stock after acquiring an additional 5,899 shares during the quarter. NEOS Enhanced Income Aggregate Bond ETF makes up about 2.7% of Carter Financial Group INC.’s holdings, making the stock its 10th biggest holding. Carter Financial Group INC. owned 3.24% of NEOS Enhanced Income Aggregate Bond ETF worth $4,581,000 at the end of the most recent reporting period.

About NEOS Enhanced Income Aggregate Bond ETF

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.