Natixis Gateway Quality Income ETF (NYSEARCA:GQI) Short Interest Down 66.1% in April

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

Institutional Investors Weigh In On Natixis Gateway Quality Income ETF

A number of large investors have recently made changes to their positions in GQI. Horizon Wealth Management LLC purchased a new stake in shares of Natixis Gateway Quality Income ETF during the fourth quarter valued at $49,205,000. Dakota Wealth Management purchased a new stake in shares of Natixis Gateway Quality Income ETF during the fourth quarter valued at $6,771,000. LPL Financial LLC grew its holdings in shares of Natixis Gateway Quality Income ETF by 12.7% during the fourth quarter. LPL Financial LLC now owns 402,817 shares of the company’s stock valued at $22,987,000 after buying an additional 45,483 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Natixis Gateway Quality Income ETF during the first quarter valued at $1,268,000. Finally, Legacy Financial Advisors Inc. grew its holdings in shares of Natixis Gateway Quality Income ETF by 6.1% during the third quarter. Legacy Financial Advisors Inc. now owns 361,433 shares of the company’s stock valued at $20,258,000 after buying an additional 20,671 shares during the last quarter.

Natixis Gateway Quality Income ETF Stock Down 0.5%

Shares of GQI traded down $0.27 during trading hours on Friday, reaching $58.28. 17,044 shares of the company traded hands, compared to its average volume of 26,304. The stock has a market capitalization of $196.40 million, a P/E ratio of 26.77 and a beta of 0.73. Natixis Gateway Quality Income ETF has a 12-month low of $51.47 and a 12-month high of $58.74. The business has a fifty day moving average price of $56.54 and a 200-day moving average price of $56.94.

Natixis Gateway Quality Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were issued a dividend of $0.4179 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

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.