NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) Announces $0.61 Monthly Dividend

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) declared a monthly dividend on Tuesday, February 17th, NASDAQ Dividends reports. Investors of record on Wednesday, February 18th will be given a dividend of 0.614 per share on Friday, February 20th. This represents a c) annualized dividend and a yield of 14.1%. The ex-dividend date is Wednesday, February 18th.

NEOS Nasdaq 100 High Income ETF Price Performance

Shares of NASDAQ QQQI traded down $0.22 during midday trading on Wednesday, reaching $52.25. The company’s stock had a trading volume of 5,383,745 shares, compared to its average volume of 5,663,187. The stock has a market capitalization of $7.99 billion, a P/E ratio of 32.88 and a beta of 0.88. The firm has a 50 day moving average price of $53.94 and a 200-day moving average price of $53.98. NEOS Nasdaq 100 High Income ETF has a 12-month low of $41.17 and a 12-month high of $55.93.

Institutional Trading of NEOS Nasdaq 100 High Income ETF

A number of large investors have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC bought a new stake in NEOS Nasdaq 100 High Income ETF in the first quarter worth about $113,000. Private Trust Co. NA raised its stake in shares of NEOS Nasdaq 100 High Income ETF by 11.5% in the second quarter. Private Trust Co. NA now owns 3,874 shares of the company’s stock valued at $201,000 after buying an additional 400 shares during the period. City State Bank lifted its position in shares of NEOS Nasdaq 100 High Income ETF by 100.0% during the 2nd quarter. City State Bank now owns 2,000 shares of the company’s stock valued at $104,000 after buying an additional 1,000 shares during the last quarter. FSA Advisors Inc. grew its stake in shares of NEOS Nasdaq 100 High Income ETF by 159.6% during the 2nd quarter. FSA Advisors Inc. now owns 23,193 shares of the company’s stock worth $1,206,000 after acquiring an additional 14,258 shares during the period. Finally, ELCO Management Co. LLC bought a new position in NEOS Nasdaq 100 High Income ETF during the second quarter worth about $255,000.

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.