North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (NYSEARCA:QTPI – Get Free Report) announced a monthly dividend on Monday, September 28th. Investors of record on Tuesday, September 29th will be paid a dividend of $0.1067 per share on Monday, October 5th. This represents a $1.28 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Tuesday, September 29th. This is a 5.5% increase from North Square RCIM Tax-Advantaged Preferred and Income Securities ETF’s previous monthly dividend of $0.1011.
North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Trading Down 0.4%
QTPI opened at $24.96 on Tuesday. The business’s 50-day simple moving average is $25.35 and its 200-day simple moving average is $25.47. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF has a one year low of $24.79 and a one year high of $26.30.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in QTPI. Integrated Wealth Concepts LLC acquired a new position in North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the 2nd quarter valued at about $2,384,000. SMI Advisory Services LLC increased its holdings in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 3.1% in the second quarter. SMI Advisory Services LLC now owns 884,577 shares of the company’s stock valued at $22,650,000 after purchasing an additional 26,239 shares during the period. EverSource Wealth Advisors LLC acquired a new position in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF in the first quarter valued at approximately $1,259,000. Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF during the first quarter worth approximately $284,000. Finally, AdvisorNet Financial Inc lifted its holdings in shares of North Square RCIM Tax-Advantaged Preferred and Income Securities ETF by 12.8% during the first quarter. AdvisorNet Financial Inc now owns 16,040 shares of the company’s stock worth $407,000 after purchasing an additional 1,820 shares during the period.
North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Company Profile
The North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to provide high current income and long-term capital appreciation with a focus on tax-advantaged qualified dividend income. The portfolio holds preferred securities, REITs, and other income focused securities. QTPI was launched on Dec 19, 2024 and is issued by North Square.
Recommended Stories
- Five stocks we like better than North Square RCIM Tax-Advantaged Preferred and Income Securities ETF
- 2 Short-Squeeze Candidates Waiting for the Right Catalyst
- MongoDB Stock Drops 17% After CEO Exit—What Investors Should Know
- Bernstein Downgrades 3 Cybersecurity Stocks: How Concerned Should Investors Be?
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
Receive News & Ratings for North Square RCIM Tax-Advantaged Preferred and Income Securities ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for North Square RCIM Tax-Advantaged Preferred and Income Securities ETF and related companies with MarketBeat.com's FREE daily email newsletter.
