NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Plans Monthly Dividend of $0.64

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) announced a monthly dividend on Tuesday, January 20th, NASDAQ Dividends reports. Stockholders of record on Wednesday, January 21st will be paid a dividend of 0.6359 per share on Friday, January 23rd. This represents a c) dividend on an annualized basis and a dividend yield of 14.3%. The ex-dividend date is Wednesday, January 21st. This is a 0.9% increase from NEOS Nasdaq 100 High Income ETF’s previous monthly dividend of $0.63.

NEOS Nasdaq 100 High Income ETF Stock Performance

NEOS Nasdaq 100 High Income ETF stock traded down $0.01 during mid-day trading on Wednesday, reaching $53.39. The company’s stock had a trading volume of 6,272,232 shares, compared to its average volume of 5,096,354. NEOS Nasdaq 100 High Income ETF has a 12 month low of $41.17 and a 12 month high of $55.93. The business’s 50 day simple moving average is $54.22 and its 200 day simple moving average is $53.87. The company has a market capitalization of $7.62 billion, a price-to-earnings ratio of 32.88 and a beta of 0.88.

Institutional Investors Weigh In On NEOS Nasdaq 100 High Income ETF

Large investors have recently made changes to their positions in the stock. Chung Wu Investment Group LLC acquired a new position in NEOS Nasdaq 100 High Income ETF during the third quarter worth $5,394,000. NewEdge Advisors LLC grew its position in shares of NEOS Nasdaq 100 High Income ETF by 667.6% in the 3rd quarter. NewEdge Advisors LLC now owns 52,887 shares of the company’s stock valued at $2,866,000 after acquiring an additional 45,997 shares during the period. BlueStem Wealth Partners LLC increased its stake in shares of NEOS Nasdaq 100 High Income ETF by 40.9% during the 3rd quarter. BlueStem Wealth Partners LLC now owns 26,805 shares of the company’s stock worth $1,453,000 after purchasing an additional 7,782 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in shares of NEOS Nasdaq 100 High Income ETF in the 4th quarter valued at about $1,326,000. Finally, FSA Advisors Inc. raised its holdings in shares of NEOS Nasdaq 100 High Income ETF by 159.6% in the 2nd quarter. FSA Advisors Inc. now owns 23,193 shares of the company’s stock valued at $1,206,000 after purchasing an additional 14,258 shares during the period.

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.