U.S. Capital Wealth Advisors LLC Sells 25,456 Shares of Natixis Gateway Quality Income ETF $GQI

U.S. Capital Wealth Advisors LLC decreased its holdings in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) by 35.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 46,378 shares of the company’s stock after selling 25,456 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Natixis Gateway Quality Income ETF were worth $2,599,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GQI. Royal Bank of Canada raised its position in Natixis Gateway Quality Income ETF by 0.8% during the 1st quarter. Royal Bank of Canada now owns 77,159 shares of the company’s stock worth $3,960,000 after purchasing an additional 576 shares during the last quarter. Truist Financial Corp increased its stake in shares of 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 valued at $483,000 after buying an additional 598 shares during the period. NewEdge Advisors LLC bought a new position in shares of Natixis Gateway Quality Income ETF during the first quarter worth about $126,000. Envision Financial LLC acquired a new position in shares of Natixis Gateway Quality Income ETF in the second quarter worth approximately $376,000. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of 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.

Natixis Gateway Quality Income ETF Stock Performance

NYSEARCA:GQI opened at $57.21 on Friday. The company has a 50 day simple moving average of $56.40 and a two-hundred day simple moving average of $54.97. Natixis Gateway Quality Income ETF has a fifty-two week low of $44.86 and a fifty-two week high of $58.65. The company has a market capitalization of $175.06 million, a PE ratio of 26.77 and a beta of 0.79.

Natixis Gateway Quality Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, December 2nd. Shareholders of record on Monday, December 1st were given a dividend of $0.3999 per share. This represents a c) dividend on an annualized basis and a yield of 8.4%. This is an increase from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.38. The ex-dividend date of this dividend was Monday, December 1st.

Natixis Gateway Quality Income ETF Profile

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.