CAP Partners LLC Raises Holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

CAP Partners LLC raised its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 73.6% during the first quarter, Holdings Channel.com reports. The firm owned 23,904 shares of the company’s stock after purchasing an additional 10,137 shares during the quarter. CAP Partners LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $1,183,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in GPIQ. Comprehensive Money Management Services LLC increased its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.9% during the fourth quarter. Comprehensive Money Management Services LLC now owns 7,359 shares of the company’s stock worth $389,000 after buying an additional 275 shares during the period. Accurate Wealth Management LLC grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 6.9% during the 4th quarter. Accurate Wealth Management LLC now owns 4,447 shares of the company’s stock worth $237,000 after acquiring an additional 288 shares in the last quarter. CWA Asset Management Group LLC increased its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 2.7% in the 4th quarter. CWA Asset Management Group LLC now owns 11,661 shares of the company’s stock valued at $617,000 after purchasing an additional 303 shares during the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.7% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 18,336 shares of the company’s stock valued at $907,000 after purchasing an additional 306 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 2.9% in the 4th quarter. Sanctuary Advisors LLC now owns 11,536 shares of the company’s stock valued at $610,000 after purchasing an additional 329 shares in the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of GPIQ traded up $0.20 during midday trading on Friday, reaching $58.15. The stock had a trading volume of 1,406,354 shares, compared to its average volume of 1,217,080. The company has a market cap of $5.04 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02. The company’s fifty day simple moving average is $57.92 and its two-hundred day simple moving average is $54.16. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $47.72 and a 1-year high of $59.83.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st were issued a $0.5191 dividend. This represents a c) annualized dividend and a yield of 10.7%. The ex-dividend date of this dividend was Wednesday, July 1st.

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.