NEOS S&P 500 High Income ETF $SPYI Shares Bought by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. boosted its holdings in shares of NEOS S&P 500 High Income ETF (BATS:SPYI) by 67.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 46,003 shares of the company’s stock after buying an additional 18,538 shares during the quarter. Oppenheimer & Co. Inc. owned 0.06% of NEOS S&P 500 High Income ETF worth $2,406,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Oppenheimer Asset Management Inc. increased its stake in shares of NEOS S&P 500 High Income ETF by 31.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 16,654 shares of the company’s stock worth $871,000 after acquiring an additional 3,979 shares during the period. RFG Advisory LLC boosted its holdings in NEOS S&P 500 High Income ETF by 67.6% in the third quarter. RFG Advisory LLC now owns 64,834 shares of the company’s stock valued at $3,391,000 after purchasing an additional 26,159 shares during the last quarter. Palacios Wealth Management LLC grew its position in NEOS S&P 500 High Income ETF by 65.2% during the 3rd quarter. Palacios Wealth Management LLC now owns 105,636 shares of the company’s stock worth $5,525,000 after purchasing an additional 41,676 shares during the period. Moloney Securities Asset Management LLC raised its stake in shares of NEOS S&P 500 High Income ETF by 1.1% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 34,367 shares of the company’s stock valued at $1,797,000 after buying an additional 379 shares during the last quarter. Finally, Guild Investment Management Inc. purchased a new position in shares of NEOS S&P 500 High Income ETF during the 3rd quarter valued at about $285,000.

NEOS S&P 500 High Income ETF Stock Down 1.3%

Shares of SPYI opened at $52.16 on Friday. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 25.58 and a beta of 0.71. NEOS S&P 500 High Income ETF has a 52 week low of $41.60 and a 52 week high of $53.38. The stock’s 50-day moving average price is $52.78 and its 200-day moving average price is $52.27.

NEOS S&P 500 High Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, January 23rd. Stockholders of record on Wednesday, January 21st were paid a dividend of $0.5309 per share. The ex-dividend date of this dividend was Wednesday, January 21st. This represents a c) dividend on an annualized basis and a dividend yield of 12.2%.

About NEOS S&P 500 High Income ETF

The Neos S&P 500(R) High Income ETF (SPYI) is an exchange-traded fund that mostly invests in total market equity. The fund aims for tax-efficient and high monthly income by actively investing in stocks and options on the S&P 500 Index. The fund employs a call spread approach that uses SPX index option futures contracts. SPYI was launched on Aug 30, 2022 and is managed by Neos.