Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Increases Dividend to $0.42 Per Share

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) declared a monthly dividend on Monday, December 29th. Investors of record on Tuesday, December 30th will be given a dividend of 0.4227 per share on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a yield of 8.8%. The ex-dividend date of this dividend is Tuesday, December 30th. This is a 5.7% increase from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.40.

Natixis Gateway Quality Income ETF Trading Down 0.2%

Shares of GQI stock opened at $57.62 on Tuesday. Natixis Gateway Quality Income ETF has a 12-month low of $44.86 and a 12-month high of $58.65. The business’s 50 day moving average is $56.69 and its two-hundred day moving average is $55.21. The company has a market capitalization of $176.32 million, a P/E ratio of 26.77 and a beta of 0.79.

Hedge Funds Weigh In On Natixis Gateway Quality Income ETF

Large investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC purchased a new position in Natixis Gateway Quality Income ETF during the second quarter valued at $2,681,000. DAVENPORT & Co LLC raised its position in shares of Natixis Gateway Quality Income ETF by 78.7% during the 2nd quarter. DAVENPORT & Co LLC now owns 92,245 shares of the company’s stock worth $4,953,000 after purchasing an additional 40,631 shares during the last quarter. Apollon Wealth Management LLC purchased a new position in Natixis Gateway Quality Income ETF in the 2nd quarter valued at about $1,978,000. Jane Street Group LLC acquired a new stake in Natixis Gateway Quality Income ETF in the 1st quarter worth about $1,268,000. Finally, Legacy Financial Advisors Inc. increased its stake in Natixis Gateway Quality Income ETF by 6.1% during the 3rd quarter. Legacy Financial Advisors Inc. now owns 361,433 shares of the company’s stock worth $20,258,000 after buying an additional 20,671 shares in the last quarter.

About Natixis Gateway Quality Income ETF

The Natixis Gateway Quality Income ETF (GQI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, aiming for total returns by investing in US large- and mid-cap stocks deemed high-quality while enhancing income through ELNs. GQI was launched on Dec 13, 2023 and is issued by Natixis.