Clearstead Advisors LLC Buys 48,993 Shares of NEOS Enhanced Income Credit Select ETF $HYBI

Clearstead Advisors LLC lifted its stake in shares of NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) by 6.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 793,000 shares of the company’s stock after purchasing an additional 48,993 shares during the period. Clearstead Advisors LLC owned 23.32% of NEOS Enhanced Income Credit Select ETF worth $40,213,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in HYBI. CWM LLC acquired a new position in NEOS Enhanced Income Credit Select ETF during the second quarter worth $56,000. World Equity Group Inc. grew its position in shares of NEOS Enhanced Income Credit Select ETF by 6.8% in the 3rd quarter. World Equity Group Inc. now owns 4,582 shares of the company’s stock valued at $232,000 after acquiring an additional 290 shares during the period. Brookwood Investment Group LLC increased its stake in shares of NEOS Enhanced Income Credit Select ETF by 138.8% during the 2nd quarter. Brookwood Investment Group LLC now owns 12,905 shares of the company’s stock worth $651,000 after purchasing an additional 7,501 shares during the last quarter. Bessemer Group Inc. acquired a new position in shares of NEOS Enhanced Income Credit Select ETF during the 2nd quarter worth about $760,000. Finally, Jane Street Group LLC raised its holdings in shares of NEOS Enhanced Income Credit Select ETF by 23.0% in the 1st quarter. Jane Street Group LLC now owns 58,031 shares of the company’s stock valued at $2,896,000 after purchasing an additional 10,870 shares during the period.

NEOS Enhanced Income Credit Select ETF Trading Up 0.2%

Shares of NASDAQ:HYBI opened at $50.29 on Monday. NEOS Enhanced Income Credit Select ETF has a 52-week low of $46.95 and a 52-week high of $51.68. The company has a 50-day simple moving average of $50.35 and a 200 day simple moving average of $50.48.

NEOS Enhanced Income Credit Select ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 13th. Stockholders of record on Wednesday, February 11th were paid a dividend of $0.3379 per share. The ex-dividend date was Wednesday, February 11th.

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.