NEOS Enhanced Income Aggregate Bond ETF (NYSEARCA:BNDI) Trading Down 0.2% – Should You Sell?

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

NEOS Enhanced Income Aggregate Bond ETF Price Performance

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake 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) in the 1st quarter, according to its most recent 13F filing with the SEC. 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.

NEOS Enhanced Income Aggregate Bond ETF Company Profile

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.