Triumph Capital Management Takes $826,000 Position in NEOS Enhanced Income Credit Select ETF $HYBI

Triumph Capital Management bought a new stake in shares of NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,779 shares of the company’s stock, valued at approximately $826,000. Triumph Capital Management owned 0.37% of NEOS Enhanced Income Credit Select ETF at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Clearstead Advisors LLC lifted its position in NEOS Enhanced Income Credit Select ETF by 6.7% in the fourth quarter. Clearstead Advisors LLC now owns 845,780 shares of the company’s stock valued at $42,564,000 after purchasing an additional 52,780 shares during the last quarter. RFG Advisory LLC bought a new position in shares of NEOS Enhanced Income Credit Select ETF in the fourth quarter worth approximately $1,631,000. Citadel Advisors LLC grew its holdings in shares of NEOS Enhanced Income Credit Select ETF by 410.8% in the third quarter. Citadel Advisors LLC now owns 27,005 shares of the company’s stock worth $1,369,000 after purchasing an additional 21,718 shares during the last quarter. Janney Montgomery Scott LLC bought a new position in shares of NEOS Enhanced Income Credit Select ETF in the fourth quarter worth approximately $735,000. Finally, Jane Street Group LLC increased its stake in shares of NEOS Enhanced Income Credit Select ETF by 23.0% in the first quarter. Jane Street Group LLC now owns 58,031 shares of the company’s stock worth $2,896,000 after buying an additional 10,870 shares during the period.

NEOS Enhanced Income Credit Select ETF Trading Down 0.3%

NASDAQ:HYBI opened at $48.88 on Wednesday. The company has a fifty day moving average of $49.08 and a 200 day moving average of $49.41. NEOS Enhanced Income Credit Select ETF has a 52 week low of $48.69 and a 52 week high of $51.17.

NEOS Enhanced Income Credit Select ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, August 14th. Stockholders of record on Wednesday, August 12th were paid a dividend of $0.3291 per share. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend was Wednesday, August 12th.

NEOS Enhanced Income Credit Select ETF Company Profile

The NEOS Enhanced Income Credit Select ETF (HYBI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund-of-funds, investing in US bonds via ETFs and using S&P 500 put options for tax-efficient monthly income. The fund seeks to balance investments in high-yield and investment-grade securities, aiming for total return. HYBI was launched on Sep 30, 2024 and is issued by Neos.