NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) Declares Monthly Dividend of $0.32

NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) declared a monthly dividend on Tuesday, October 13th. Stockholders of record on Wednesday, October 14th will be given a dividend of $0.3235 per share on Friday, October 16th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Wednesday, October 14th. This is a 1.3% decrease from NEOS Enhanced Income Credit Select ETF’s previous monthly dividend of $0.3277.

NEOS Enhanced Income Credit Select ETF Trading Down 0.0%

HYBI opened at $48.26 on Wednesday. The stock has a 50-day moving average price of $48.61 and a 200-day moving average price of $49.09. NEOS Enhanced Income Credit Select ETF has a 12-month low of $48.10 and a 12-month high of $50.78.

Institutional Trading of NEOS Enhanced Income Credit Select ETF

Hedge funds have recently bought and sold shares of the company. Triumph Capital Management bought a new position in NEOS Enhanced Income Credit Select ETF during the second quarter valued at approximately $826,000. Envestnet Asset Management Inc. raised its stake in shares of NEOS Enhanced Income Credit Select ETF by 43.5% during the second quarter. Envestnet Asset Management Inc. now owns 11,083 shares of the company’s stock worth $546,000 after acquiring an additional 3,362 shares in the last quarter. RFG Advisory LLC raised its stake in shares of NEOS Enhanced Income Credit Select ETF by 26.3% during the second quarter. RFG Advisory LLC now owns 44,682 shares of the company’s stock worth $2,200,000 after acquiring an additional 9,317 shares in the last quarter. World Equity Group Inc. raised its stake in shares of NEOS Enhanced Income Credit Select ETF by 36.7% during the second quarter. World Equity Group Inc. now owns 5,985 shares of the company’s stock worth $295,000 after acquiring an additional 1,608 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in shares of NEOS Enhanced Income Credit Select ETF by 5.3% in the 1st quarter. Kestra Advisory Services LLC now owns 12,437 shares of the company’s stock worth $615,000 after acquiring an additional 623 shares during the last quarter.

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.