Truist Financial Corp Increases Holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Truist Financial Corp grew its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 57.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,363 shares of the company’s stock after buying an additional 62,488 shares during the quarter. Truist Financial Corp’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $9,060,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the company. Commonwealth Equity Services LLC increased its position in shares of 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 worth $7,044,000 after acquiring an additional 106,870 shares during the period. Cornerstone Advisory LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 43.0% during the third quarter. Cornerstone Advisory LLC now owns 40,579 shares of the company’s stock valued at $2,129,000 after purchasing an additional 12,199 shares in the last quarter. Capital Investment Advisory Services LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 191.8% during the fourth quarter. Capital Investment Advisory Services LLC now owns 24,107 shares of the company’s stock valued at $1,275,000 after purchasing an additional 15,846 shares in the last quarter. Winnow Wealth LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter valued at approximately $1,018,000. Finally, American National Bank & Trust bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $4,813,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

NASDAQ GPIQ opened at $57.57 on Friday. The firm’s 50 day moving average price is $51.95 and its 200-day moving average price is $52.49. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $45.22 and a 52-week high of $57.57. The company has a market cap of $3.97 billion, a PE ratio of 33.26 and a beta of 1.01.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were paid a dividend of $0.4833 per share. The ex-dividend date was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.1%.

Goldman Sachs Nasdaq 100 Core Premium Income ETF 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.