Jane Street Group LLC Invests $2.41 Million in NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI)

Jane Street Group LLC bought a new position in shares of NEOS Enhanced Income Credit Select ETF (NASDAQ:HYBI) during the fourth quarter, Holdings Channel reports. The fund bought 47,161 shares of the company’s stock, valued at approximately $2,414,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cerity Partners LLC acquired a new position in NEOS Enhanced Income Credit Select ETF during the fourth quarter valued at $520,000. HighTower Advisors LLC acquired a new position in NEOS Enhanced Income Credit Select ETF during the fourth quarter valued at $1,594,000. Finally, Illumine Investment Management LLC acquired a new position in NEOS Enhanced Income Credit Select ETF during the fourth quarter valued at $3,640,000.

NEOS Enhanced Income Credit Select ETF Stock Performance

Shares of NASDAQ HYBI opened at $49.99 on Friday. The business’s 50-day moving average price is $49.76 and its two-hundred day moving average price is $50.96. NEOS Enhanced Income Credit Select ETF has a one year low of $46.95 and a one year high of $52.65.

NEOS Enhanced Income Credit Select ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, April 25th. Investors of record on Wednesday, April 23rd were given a dividend of $0.3203 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $3.84 annualized dividend and a dividend yield of 7.69%.

About NEOS Enhanced Income Credit Select ETF

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.