Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Update

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 11,754 shares, a drop of 66.1% from the April 15th total of 34,670 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 17,282 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On Natixis Gateway Quality Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Horizon Wealth Management LLC acquired a new stake in shares of Natixis Gateway Quality Income ETF in the 4th quarter valued at $49,205,000. LPL Financial LLC lifted its position in Natixis Gateway Quality Income ETF by 12.7% during the 4th quarter. LPL Financial LLC now owns 402,817 shares of the company’s stock worth $22,987,000 after acquiring an additional 45,483 shares during the last quarter. Legacy Financial Advisors Inc. lifted its position in Natixis Gateway Quality Income ETF by 6.1% during the 3rd quarter. Legacy Financial Advisors Inc. now owns 361,433 shares of the company’s stock worth $20,258,000 after acquiring an additional 20,671 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Natixis Gateway Quality Income ETF by 1.9% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 144,716 shares of the company’s stock worth $8,038,000 after acquiring an additional 2,758 shares during the last quarter. Finally, DAVENPORT & Co LLC lifted its position in Natixis Gateway Quality Income ETF by 12.6% during the 4th quarter. DAVENPORT & Co LLC now owns 132,023 shares of the company’s stock worth $7,534,000 after acquiring an additional 14,786 shares during the last quarter.

Natixis Gateway Quality Income ETF Stock Down 0.5%

Shares of NYSEARCA:GQI traded down $0.27 during trading on Friday, reaching $58.28. 17,044 shares of the company traded hands, compared to its average volume of 26,304. Natixis Gateway Quality Income ETF has a 1-year low of $51.47 and a 1-year high of $58.74. The firm has a fifty day simple moving average of $56.54 and a 200 day simple moving average of $56.94. The firm has a market cap of $196.40 million, a P/E ratio of 26.77 and a beta of 0.73.

Natixis Gateway Quality Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Monday, March 2nd were paid a $0.4179 dividend. This represents a c) annualized dividend and a dividend yield of 8.6%. 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.