NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) to Issue $0.63 Monthly Dividend

NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) announced a monthly dividend on Tuesday, November 25th, NASDAQ Dividends reports. Investors of record on Wednesday, November 26th will be paid a dividend of 0.6304 per share on Friday, November 28th. This represents a c) annualized dividend and a yield of 14.0%. The ex-dividend date of this dividend is Wednesday, November 26th.

NEOS Nasdaq 100 High Income ETF Trading Down 0.3%

NASDAQ QQQI traded down $0.17 on Wednesday, hitting $54.01. 3,249,576 shares of the company traded hands, compared to its average volume of 2,237,946. The business’s 50 day moving average price is $54.42 and its 200-day moving average price is $52.93. NEOS Nasdaq 100 High Income ETF has a 52-week low of $41.17 and a 52-week high of $55.93. The company has a market capitalization of $5.78 billion, a price-to-earnings ratio of 32.88 and a beta of 0.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of QQQI. Private Trust Co. NA grew its holdings 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 worth $201,000 after purchasing an additional 400 shares during the last quarter. ELCO Management Co. LLC lifted its holdings in NEOS Nasdaq 100 High Income ETF by 8.2% during the 3rd quarter. ELCO Management Co. LLC now owns 5,300 shares of the company’s stock valued at $287,000 after buying an additional 400 shares in the last quarter. Pin Oak Investment Advisors Inc. boosted its position in NEOS Nasdaq 100 High Income ETF by 806.0% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 453 shares of the company’s stock valued at $25,000 after buying an additional 403 shares during the period. Bogart Wealth LLC boosted its position in NEOS Nasdaq 100 High Income ETF by 2,295.2% in the 3rd quarter. Bogart Wealth LLC now owns 503 shares of the company’s stock valued at $27,000 after buying an additional 482 shares during the period. Finally, AdvisorNet Financial Inc grew its stake in NEOS Nasdaq 100 High Income ETF by 10.9% in the 3rd quarter. AdvisorNet Financial Inc now owns 9,163 shares of the company’s stock worth $497,000 after acquiring an additional 897 shares in the last quarter.

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.