Global Retirement Partners LLC Has $1.89 Million Stock Position in Natixis Gateway Quality Income ETF $GQI

Global Retirement Partners LLC reduced its holdings in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) by 32.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 33,102 shares of the company’s stock after selling 15,999 shares during the quarter. Global Retirement Partners LLC’s holdings in Natixis Gateway Quality Income ETF were worth $1,889,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Truist Financial Corp increased its position in Natixis Gateway Quality Income ETF by 5.2% in the 3rd quarter. Truist Financial Corp now owns 9,459 shares of the company’s stock valued at $530,000 after acquiring an additional 469 shares during the period. Royal Bank of Canada boosted its stake 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 valued at $3,960,000 after purchasing an additional 576 shares during the last quarter. Three Magnolias Financial Advisors LLC boosted its stake in shares of Natixis Gateway Quality Income ETF by 1.2% in the 4th quarter. Three Magnolias Financial Advisors LLC now owns 90,503 shares of the company’s stock valued at $5,165,000 after purchasing an additional 1,065 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in shares of Natixis Gateway Quality Income ETF by 4.5% in the 4th quarter. Apollon Wealth Management LLC now owns 37,734 shares of the company’s stock valued at $2,153,000 after purchasing an additional 1,620 shares during the last quarter. Finally, Lokken Investment Group LLC boosted its stake in shares of Natixis Gateway Quality Income ETF by 1.5% in the 3rd quarter. Lokken Investment Group LLC now owns 115,961 shares of the company’s stock valued at $6,500,000 after purchasing an additional 1,702 shares during the last quarter.

Natixis Gateway Quality Income ETF Stock Performance

NYSEARCA:GQI opened at $59.01 on Friday. The firm’s fifty day moving average is $56.72 and its 200-day moving average is $57.00. Natixis Gateway Quality Income ETF has a 52 week low of $51.47 and a 52 week high of $59.08. The firm has a market cap of $198.86 million, a P/E ratio of 26.77 and a beta of 0.73.

Natixis Gateway Quality Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were paid a $0.4179 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%. The ex-dividend date of this dividend was Monday, March 2nd.

Natixis Gateway Quality Income ETF Company 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.