Janney Montgomery Scott LLC Has $3.60 Million Stock Holdings in Natixis Gateway Quality Income ETF $GQI

Janney Montgomery Scott LLC lessened its holdings in Natixis Gateway Quality Income ETF (NYSEARCA:GQI) by 1.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 67,063 shares of the company’s stock after selling 1,253 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Natixis Gateway Quality Income ETF were worth $3,601,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Natixis Gateway Quality Income ETF by 5.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 143,198 shares of the company’s stock valued at $7,350,000 after acquiring an additional 7,063 shares in the last quarter. Lokken Investment Group LLC increased its position in Natixis Gateway Quality Income ETF by 9.1% in the 1st quarter. Lokken Investment Group LLC now owns 114,564 shares of the company’s stock valued at $5,881,000 after buying an additional 9,515 shares in the last quarter. DAVENPORT & Co LLC increased its position in Natixis Gateway Quality Income ETF by 25.8% in the 1st quarter. DAVENPORT & Co LLC now owns 51,614 shares of the company’s stock valued at $2,649,000 after buying an additional 10,579 shares in the last quarter. LPL Financial LLC increased its holdings in Natixis Gateway Quality Income ETF by 51.6% during the 1st quarter. LPL Financial LLC now owns 418,732 shares of the company’s stock worth $21,494,000 after purchasing an additional 142,438 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new stake in Natixis Gateway Quality Income ETF during the 1st quarter worth approximately $2,018,000.

Natixis Gateway Quality Income ETF Stock Performance

Shares of GQI opened at $55.87 on Thursday. Natixis Gateway Quality Income ETF has a 52 week low of $44.86 and a 52 week high of $56.49. The stock has a 50 day moving average price of $54.99 and a two-hundred day moving average price of $52.92. The firm has a market capitalization of $169.84 million, a P/E ratio of 26.77 and a beta of 0.80.

Natixis Gateway Quality Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Wednesday, October 1st were paid a $0.343 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%. The ex-dividend date was Wednesday, October 1st.

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.