North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) Increases Dividend to $0.13 Per Share

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI) declared a monthly dividend on Wednesday, October 28th. Stockholders of record on Thursday, October 29th will be given a dividend of $0.1260 per share on Tuesday, November 3rd. This represents a $1.51 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, October 29th. This is a 18.1% increase from North Square RCIM Tax-Advantaged Preferred and Income Securities ETF’s previous monthly dividend of $0.1067.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Price Performance

QTPI stock opened at $24.66 on Thursday. The firm has a fifty day moving average price of $25.05 and a 200 day moving average price of $25.46. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a fifty-two week low of $24.53 and a fifty-two week high of $26.30.

Hedge Funds Weigh In On North Square RCIM Tax-Advantaged Preferred and Income Securities ETF

Several institutional investors have recently bought and sold shares of the business. SMI Advisory Services LLC increased its holdings in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 3.1% in the 2nd quarter. SMI Advisory Services LLC now owns 884,577 shares of the company’s stock worth $22,650,000 after buying an additional 26,239 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 2nd quarter valued at about $2,384,000. EverSource Wealth Advisors LLC purchased a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the 1st quarter valued at about $1,259,000. Finally, Patriot Financial Group Insurance Agency LLC bought a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 1st quarter valued at about $284,000.

North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Company Profile

The North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide high current income and long-term capital appreciation with a focus on tax-advantaged qualified dividend income. The portfolio holds preferred securities, REITs, and other income focused securities. QTPI was launched on Dec 19, 2024 and is issued by North Square.