Sound Income Strategies LLC Makes New Investment in NEOS Nasdaq 100 High Income ETF $QQQI

Sound Income Strategies LLC acquired a new position in shares of NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,366 shares of the company’s stock, valued at approximately $672,000.

Other institutional investors have also recently bought and sold shares of the company. Pin Oak Investment Advisors Inc. raised its holdings in NEOS Nasdaq 100 High Income ETF by 806.0% during the third quarter. Pin Oak Investment Advisors Inc. now owns 453 shares of the company’s stock worth $25,000 after buying an additional 403 shares during the last quarter. Bogart Wealth LLC raised its holdings in NEOS Nasdaq 100 High Income ETF by 2,295.2% during the third quarter. Bogart Wealth LLC now owns 503 shares of the company’s stock worth $27,000 after buying an additional 482 shares during the last quarter. SOA Wealth Advisors LLC. acquired a new position in NEOS Nasdaq 100 High Income ETF during the third quarter worth $54,000. Golden State Wealth Management LLC acquired a new position in NEOS Nasdaq 100 High Income ETF during the third quarter worth $56,000. Finally, Anfield Capital Management LLC acquired a new position in NEOS Nasdaq 100 High Income ETF during the third quarter worth $101,000.

NEOS Nasdaq 100 High Income ETF Trading Down 0.0%

QQQI opened at $50.51 on Wednesday. The company’s fifty day moving average price is $51.89 and its two-hundred day moving average price is $53.50. NEOS Nasdaq 100 High Income ETF has a 1-year low of $41.93 and a 1-year high of $55.93. The company has a market cap of $9.47 billion, a price-to-earnings ratio of 32.88 and a beta of 0.88.

NEOS Nasdaq 100 High Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 20th. Shareholders of record on Wednesday, March 18th were issued a dividend of $0.6089 per share. The ex-dividend date was Wednesday, March 18th. This represents a c) annualized dividend and a yield of 14.5%.

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.