Meadowbrook Wealth Management LLC Buys Shares of 15,873 Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Meadowbrook Wealth Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,873 shares of the company’s stock, valued at approximately $833,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Goldman Sachs Group Inc. raised its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,958,412 shares of the company’s stock valued at $87,345,000 after buying an additional 152,942 shares during the period. Requisite Capital Management LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $66,679,000. Bank of America Corp DE acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at about $43,932,000. GGM Financials LLC increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 4.2% in the 2nd quarter. GGM Financials LLC now owns 374,625 shares of the company’s stock valued at $18,660,000 after purchasing an additional 15,182 shares during the period. Finally, Mirae Asset Securities USA Inc. purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth approximately $15,939,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

GPIQ stock opened at $52.94 on Friday. The firm has a 50 day simple moving average of $52.81 and a 200 day simple moving average of $51.20. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $38.13 and a 52 week high of $54.63. The stock has a market cap of $1.97 billion, a P/E ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, December 1st were paid a dividend of $0.4652 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company Profile

The Goldman Sachs Nasdaq 100 Core Premium Income ETF (GPIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF that primarily involves stocks within the Nasdaq-100. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIQ was launched on Oct 24, 2023 and is issued by Goldman Sachs.