Tectonic Advisors LLC Purchases New Position in NEOS Enhanced Income Credit Select ETF $HYBI

Tectonic Advisors LLC purchased a new stake in shares of NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 4,000 shares of the company’s stock, valued at approximately $202,000. Tectonic Advisors LLC owned about 0.14% of NEOS Enhanced Income Credit Select ETF as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. lifted its holdings in NEOS Enhanced Income Credit Select ETF by 2.4% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 15,053 shares of the company’s stock valued at $751,000 after purchasing an additional 358 shares during the last quarter. HighTower Advisors LLC lifted its holdings in NEOS Enhanced Income Credit Select ETF by 6.0% during the 1st quarter. HighTower Advisors LLC now owns 33,015 shares of the company’s stock valued at $1,648,000 after purchasing an additional 1,877 shares during the last quarter. Illumine Investment Management LLC lifted its holdings in NEOS Enhanced Income Credit Select ETF by 4.7% during the 1st quarter. Illumine Investment Management LLC now owns 74,412 shares of the company’s stock valued at $3,714,000 after purchasing an additional 3,313 shares during the last quarter. Brookwood Investment Group LLC bought a new position in NEOS Enhanced Income Credit Select ETF during the 1st quarter valued at about $270,000. Finally, Jane Street Group LLC lifted its holdings in NEOS Enhanced Income Credit Select ETF by 23.0% during 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 last quarter.

NEOS Enhanced Income Credit Select ETF Price Performance

Shares of HYBI stock opened at $50.17 on Friday. NEOS Enhanced Income Credit Select ETF has a 12-month low of $46.95 and a 12-month high of $52.50. The firm has a 50-day moving average price of $50.67 and a 200 day moving average price of $50.18.

NEOS Enhanced Income Credit Select ETF Announces Dividend

The business also recently announced a — dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were paid a $0.3577 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a dividend yield of 870.0%.

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.