NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Shares Down 0.2% – Here’s Why

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) shares fell 0.2% during mid-day trading on Thursday . The stock traded as low as $46.20 and last traded at $46.30. Approximately 31,498 shares were traded during mid-day trading, an increase of 16% from the average session volume of 27,246 shares. The stock had previously closed at $46.38.

NEOS Enhanced Income Aggregate Bond ETF Stock Performance

The company has a market cap of $184.74 million, a PE ratio of 24.67 and a beta of 0.27. The stock’s 50-day simple moving average is $46.86 and its 200 day simple moving average is $47.23.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in NEOS Enhanced Income Aggregate Bond ETF stock. FSA Advisors Inc. purchased a new position in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,948 shares of the company’s stock, valued at approximately $375,000. FSA Advisors Inc. owned approximately 0.22% of NEOS Enhanced Income Aggregate Bond ETF as of its most recent SEC filing.

About NEOS Enhanced Income Aggregate Bond ETF

The Neos Enhanced Income Aggregate Bond ETF (BNDI) is an exchange-traded fund that is based on the U.S. Aggregate Bond index. The fund is an actively managed fund that invests in a diversified portfolio of fixed income securities with varying maturities and credit ratings while utilizing a US large-cap put-spread strategy. BNDI was launched on Aug 30, 2022 and is managed by Neos.