DAVENPORT & Co LLC Increases Holdings in Natixis Gateway Quality Income ETF $GQI

DAVENPORT & Co LLC raised its holdings in shares of Natixis Gateway Quality Income ETF (NYSEARCA:GQI) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,023 shares of the company’s stock after purchasing an additional 14,786 shares during the period. DAVENPORT & Co LLC owned 3.33% of Natixis Gateway Quality Income ETF worth $7,534,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada grew its position in shares of Natixis Gateway Quality Income ETF by 0.8% in the 1st quarter. Royal Bank of Canada now owns 77,159 shares of the company’s stock worth $3,960,000 after buying an additional 576 shares during the last quarter. NewEdge Advisors LLC bought a new position in shares of Natixis Gateway Quality Income ETF during the first quarter valued at approximately $126,000. Jane Street Group LLC purchased a new stake in Natixis Gateway Quality Income ETF in the first quarter worth $1,268,000. Steward Partners Investment Advisory LLC lifted 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 worth $4,018,000 after acquiring an additional 9,352 shares during the period. Finally, Envision Financial LLC boosted its holdings in Natixis Gateway Quality Income ETF by 14.3% in the third quarter. Envision Financial LLC now owns 8,015 shares of the company’s stock valued at $449,000 after acquiring an additional 1,005 shares in the last quarter.

Natixis Gateway Quality Income ETF Trading Down 1.3%

Shares of Natixis Gateway Quality Income ETF stock opened at $54.65 on Friday. The company’s fifty day simple moving average is $57.05 and its two-hundred day simple moving average is $56.63. The company has a market cap of $172.15 million, a P/E ratio of 26.77 and a beta of 0.79. Natixis Gateway Quality Income ETF has a 12-month low of $44.86 and a 12-month high of $58.65.

Natixis Gateway Quality Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were given a $0.4179 dividend. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date of this dividend was Monday, March 2nd.

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.