Private Advisor Group LLC Raises Stock Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Private Advisor Group LLC boosted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 16.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 65,861 shares of the company’s stock after purchasing an additional 9,436 shares during the period. Private Advisor Group LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $3,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $43,932,000. Cerity Partners LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth about $33,003,000. LPL Financial LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 35.3% in the fourth quarter. LPL Financial LLC now owns 1,880,169 shares of the company’s stock worth $99,405,000 after buying an additional 490,625 shares during the last quarter. Royal Bank of Canada grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 224.9% during the fourth quarter. Royal Bank of Canada now owns 460,780 shares of the company’s stock worth $24,362,000 after acquiring an additional 318,964 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 288.1% during the fourth quarter. Wells Fargo & Company MN now owns 388,576 shares of the company’s stock worth $20,544,000 after acquiring an additional 288,447 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 0.3%

Shares of GPIQ stock opened at $57.09 on Thursday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $47.72 and a twelve month high of $59.83. The stock has a market cap of $4.93 billion, a P/E ratio of 33.26 and a beta of 1.02. The stock has a 50 day moving average of $57.78 and a 200 day moving average of $54.10.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.5191 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%.

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.