Natixis Gateway Quality Income ETF $GQI is Three Magnolias Financial Advisors LLC’s 9th Largest Position

Three Magnolias Financial Advisors LLC boosted its holdings in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) by 12.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 89,438 shares of the company’s stock after purchasing an additional 9,700 shares during the period. Natixis Gateway Quality Income ETF comprises 3.1% of Three Magnolias Financial Advisors LLC’s holdings, making the stock its 9th largest position. Three Magnolias Financial Advisors LLC owned approximately 2.92% of Natixis Gateway Quality Income ETF worth $5,013,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. DAVENPORT & Co LLC raised its stake in shares of Natixis Gateway Quality Income ETF by 27.1% during the 3rd quarter. DAVENPORT & Co LLC now owns 117,237 shares of the company’s stock worth $6,571,000 after purchasing an additional 24,992 shares during the period. Global Retirement Partners LLC purchased a new stake in Natixis Gateway Quality Income ETF during the second quarter worth about $2,681,000. Waterloo Capital L.P. bought a new stake in Natixis Gateway Quality Income ETF in the second quarter worth about $520,000. Truist Financial Corp raised its position in Natixis Gateway Quality Income ETF by 7.1% in the second quarter. Truist Financial Corp now owns 8,990 shares of the company’s stock worth $483,000 after acquiring an additional 598 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in Natixis Gateway Quality Income ETF by 14.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 74,845 shares of the company’s stock valued at $4,018,000 after acquiring an additional 9,352 shares during the last quarter.

Natixis Gateway Quality Income ETF Stock Down 0.2%

Natixis Gateway Quality Income ETF stock opened at $57.06 on Friday. The firm has a 50 day moving average price of $56.77 and a 200-day moving average price of $55.27. Natixis Gateway Quality Income ETF has a twelve month low of $44.86 and a twelve month high of $58.65. The company has a market capitalization of $174.60 million, a P/E ratio of 26.77 and a beta of 0.79.

Natixis Gateway Quality Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were given a $0.4227 dividend. This is an increase from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.40. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend was Tuesday, December 30th.

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.