Royal Bank of Canada Increases Stock Position in Natixis Gateway Quality Income ETF $GQI

Royal Bank of Canada raised its stake in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) by 31.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,735 shares of the company’s stock after acquiring an additional 16,116 shares during the quarter. Royal Bank of Canada owned approximately 2.01% of Natixis Gateway Quality Income ETF worth $3,715,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gateway Wealth Partners LLC purchased a new position in Natixis Gateway Quality Income ETF in the 1st quarter valued at about $225,000. Kestra Advisory Services LLC boosted its stake in shares of Natixis Gateway Quality Income ETF by 65.0% during the 1st quarter. Kestra Advisory Services LLC now owns 4,817 shares of the company’s stock worth $264,000 after purchasing an additional 1,898 shares during the last quarter. Greenwood Capital Associates LLC purchased a new stake in shares of Natixis Gateway Quality Income ETF during the first quarter worth about $524,000. Private Advisor Group LLC grew its holdings in shares of Natixis Gateway Quality Income ETF by 10.9% during the first quarter. Private Advisor Group LLC now owns 5,083 shares of the company’s stock worth $279,000 after buying an additional 500 shares in the last quarter. Finally, Three Magnolias Financial Advisors LLC raised its position in shares of Natixis Gateway Quality Income ETF by 3.8% in the first quarter. Three Magnolias Financial Advisors LLC now owns 93,934 shares of the company’s stock valued at $5,152,000 after buying an additional 3,431 shares during the last quarter.

Natixis Gateway Quality Income ETF Stock Performance

Shares of GQI opened at $60.36 on Friday. Natixis Gateway Quality Income ETF has a 1 year low of $53.47 and a 1 year high of $60.88. The company’s 50 day simple moving average is $59.19 and its 200 day simple moving average is $57.92. The company has a market capitalization of $269.21 million, a price-to-earnings ratio of 26.77 and a beta of 0.72.

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.