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 decline in short interest in March. As of March 13th, there was short interest totaling 282,509 shares, a decline of 35.7% from the February 26th total of 439,573 shares. Based on an average daily volume of 993,589 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.5% of the company’s stock are sold short.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of institutional investors have recently added to or reduced their stakes in GPIQ. Meadowbrook Wealth Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth $833,000. Commonwealth Equity Services LLC raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 389.9% during the third quarter. Commonwealth Equity Services LLC now owns 134,283 shares of the company’s stock valued at $7,044,000 after buying an additional 106,870 shares in the last quarter. Cornerstone Advisory LLC lifted its position 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 buying an additional 12,199 shares during the last quarter. Osaic Holdings Inc. lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 23.6% in the second quarter. Osaic Holdings Inc. now owns 58,442 shares of the company’s stock worth $2,911,000 after buying an additional 11,175 shares during the last quarter. Finally, Semus Wealth Partners LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 30.1% during the 3rd quarter. Semus Wealth Partners LLC now owns 77,413 shares of the company’s stock worth $4,061,000 after acquiring an additional 17,921 shares in the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

GPIQ opened at $48.27 on Friday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $38.13 and a fifty-two week high of $54.63. The business has a 50-day moving average of $51.71 and a 200-day moving average of $52.34. The company has a market capitalization of $2.65 billion, a PE ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were issued a $0.4527 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 11.3%.

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.