Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Stock Short Interest Report for October

Natixis Gateway Quality Income ETF (NYSEARCA:GQI) was the target of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 50,987 shares, an increase of 64.4% from the September 30th total of 31,006 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily trading volume, of 32,108 shares, the short-interest ratio is currently 1.6 days.

Institutional Investors Weigh In On Natixis Gateway Quality Income ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Kestra Advisory Services LLC grew its holdings in Natixis Gateway Quality Income ETF by 16.4% during the third quarter. Kestra Advisory Services LLC now owns 5,781 shares of the company’s stock worth $349,000 after purchasing an additional 816 shares during the period. Commonwealth Equity Services LLC raised its stake in Natixis Gateway Quality Income ETF by 90.1% in the third quarter. Commonwealth Equity Services LLC now owns 123,095 shares of the company’s stock valued at $7,439,000 after buying an additional 58,350 shares during the period. AGH Wealth Advisors LLC raised its stake in Natixis Gateway Quality Income ETF by 19.2% in the third quarter. AGH Wealth Advisors LLC now owns 5,184 shares of the company’s stock valued at $313,000 after buying an additional 835 shares during the period. Flagship Harbor Advisors LLC lifted its position in shares of Natixis Gateway Quality Income ETF by 9.9% in the third quarter. Flagship Harbor Advisors LLC now owns 18,886 shares of the company’s stock valued at $1,141,000 after buying an additional 1,701 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in shares of Natixis Gateway Quality Income ETF by 17.5% in the third quarter. Apollon Wealth Management LLC now owns 58,454 shares of the company’s stock valued at $3,533,000 after buying an additional 8,691 shares during the last quarter.

Natixis Gateway Quality Income ETF Trading Up 0.1%

NYSEARCA GQI opened at $59.55 on Wednesday. The firm’s fifty day moving average price is $60.55 and its two-hundred day moving average price is $58.64. Natixis Gateway Quality Income ETF has a 1 year low of $53.47 and a 1 year high of $61.57. The firm has a market capitalization of $304.90 million, a P/E ratio of 22.74 and a beta of 0.70.

Natixis Gateway Quality Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 3rd. Stockholders of record on Monday, November 2nd were given a $0.3629 dividend. This is a drop from Natixis Gateway Quality Income ETF’s previous monthly dividend of $0.3775. The ex-dividend date of this dividend was Monday, November 2nd. This represents a $4.35 dividend on an annualized basis and a dividend yield of 7.3%.

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.