Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Update

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 90,308 shares, a decrease of 70.5% from the January 29th total of 306,341 shares. Based on an average trading volume of 1,087,589 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 1,087,589 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

Several hedge funds have recently modified their holdings of the company. Meadowbrook Wealth Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth approximately $833,000. Commonwealth Equity Services LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 389.9% in the third quarter. Commonwealth Equity Services LLC now owns 134,283 shares of the company’s stock worth $7,044,000 after acquiring an additional 106,870 shares during the period. Cornerstone Advisory LLC raised its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 43.0% in the third quarter. Cornerstone Advisory LLC now owns 40,579 shares of the company’s stock worth $2,129,000 after purchasing an additional 12,199 shares during the last quarter. Cannon Advisors Inc. lifted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 61.6% during the second quarter. Cannon Advisors Inc. now owns 57,308 shares of the company’s stock worth $2,854,000 after purchasing an additional 21,841 shares during the period. Finally, Osaic Holdings Inc. lifted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 23.6% during the second quarter. Osaic Holdings Inc. now owns 58,442 shares of the company’s stock worth $2,911,000 after purchasing an additional 11,175 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 0.3%

NASDAQ GPIQ traded down $0.14 on Friday, reaching $51.97. The company had a trading volume of 1,148,366 shares, compared to its average volume of 1,082,896. The stock has a market capitalization of $2.85 billion, a PE ratio of 33.26 and a beta of 0.95. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12 month low of $38.13 and a 12 month high of $54.63. The firm’s 50 day moving average price is $52.65 and its 200 day moving average price is $52.33.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a dividend of $0.4655 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.46. This represents a c) dividend on an annualized basis and a yield of 10.7%.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

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.