GMO U.S. Quality ETF $QLTY is Colony Family Offices LLC’s 7th Largest Position

Colony Family Offices LLC increased its holdings in GMO U.S. Quality ETF (NYSEARCA:QLTY) by 5.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 512,289 shares of the company’s stock after purchasing an additional 25,190 shares during the period. GMO U.S. Quality ETF makes up about 4.7% of Colony Family Offices LLC’s investment portfolio, making the stock its 7th largest position. Colony Family Offices LLC’s holdings in GMO U.S. Quality ETF were worth $21,346,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. raised its stake in GMO U.S. Quality ETF by 3.8% during the first quarter. Sunbelt Securities Inc. now owns 6,765 shares of the company’s stock valued at $245,000 after purchasing an additional 250 shares in the last quarter. KFG Wealth Management LLC grew its stake in shares of GMO U.S. Quality ETF by 3.3% in the 2nd quarter. KFG Wealth Management LLC now owns 10,607 shares of the company’s stock worth $441,000 after buying an additional 342 shares in the last quarter. Royal Bank of Canada grew its stake in shares of GMO U.S. Quality ETF by 174.5% in the 1st quarter. Royal Bank of Canada now owns 1,268 shares of the company’s stock worth $45,000 after buying an additional 806 shares in the last quarter. Aspen Investment Management Inc increased its holdings in shares of GMO U.S. Quality ETF by 4.6% in the 1st quarter. Aspen Investment Management Inc now owns 27,800 shares of the company’s stock worth $1,006,000 after buying an additional 1,210 shares during the last quarter. Finally, Arete Wealth Advisors LLC increased its holdings in shares of GMO U.S. Quality ETF by 4.6% in the 1st quarter. Arete Wealth Advisors LLC now owns 40,475 shares of the company’s stock worth $1,465,000 after buying an additional 1,785 shares during the last quarter. Hedge funds and other institutional investors own 85.37% of the company’s stock.

GMO U.S. Quality ETF Trading Down 1.0%

Shares of NYSEARCA QLTY opened at $42.60 on Wednesday. GMO U.S. Quality ETF has a 12-month low of $35.15 and a 12-month high of $43.70. The firm’s 50-day moving average price is $42.32 and its 200-day moving average price is $40.32. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 59.17 and a beta of 0.97.

GMO U.S. Quality ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.0754 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This is an increase from GMO U.S. Quality ETF’s previous quarterly dividend of $0.06. This represents a $0.30 annualized dividend and a yield of 0.7%. GMO U.S. Quality ETF’s payout ratio is presently 40.28%.

GMO U.S. Quality ETF Company Profile

The GMO U.S. Quality ETF (QLTY) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that focuses on equities of high-quality US companies. The funds investments may include companies of any market capitalization. QLTY was launched on Nov 13, 2023 and is issued by GMO.