Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Announces Dividend Increase – $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 paid 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 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 Stock Performance

Natixis Gateway Quality Income ETF stock opened at $57.62 on Tuesday. Natixis Gateway Quality Income ETF has a twelve month low of $44.86 and a twelve month high of $58.65. The firm has a market cap of $176.32 million, a PE ratio of 26.77 and a beta of 0.79. The firm’s 50 day moving average price is $56.69 and its two-hundred day moving average price is $55.21.

Institutional Trading of Natixis Gateway Quality Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC acquired a new stake in Natixis Gateway Quality Income ETF during the first quarter valued at $126,000. Northwest Financial Advisors purchased a new stake in shares of Natixis Gateway Quality Income ETF during the 3rd quarter worth about $310,000. Equitable Holdings Inc. acquired a new stake in shares of Natixis Gateway Quality Income ETF during the 3rd quarter valued at about $358,000. Envision Financial LLC bought a new stake in shares of Natixis Gateway Quality Income ETF in the 2nd quarter valued at approximately $376,000. Finally, Citadel Advisors LLC bought a new stake in shares of Natixis Gateway Quality Income ETF in the 3rd quarter valued at approximately $440,000.

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.