NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Stock Falls 0.2% – Here’s What Happened

NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) shares fell 0.2% on Wednesday. The stock traded as low as $44.81 and last traded at $44.85. Approximately 31,094 shares were traded during mid-day trading, an increase of 11% from the average session volume of 28,080 shares. The stock had previously closed at $44.93.

NEOS Enhanced Income Aggregate Bond ETF Stock Down 0.3%

The stock’s 50 day moving average is $46.03 and its 200-day moving average is $46.67. The company has a market cap of $189.43 million, a PE ratio of 24.67 and a beta of 0.28.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in NEOS Enhanced Income Aggregate Bond ETF stock. FSA Advisors Inc. acquired a new position in shares of NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,948 shares of the company’s stock, valued at approximately $375,000. FSA Advisors Inc. owned about 0.22% of NEOS Enhanced Income Aggregate Bond ETF at the end of the most recent reporting period.

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.