DAVENPORT & Co LLC Takes Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

DAVENPORT & Co LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) during the 3rd quarter, HoldingsChannel reports. The firm bought 11,277 shares of the company’s stock, valued at approximately $592,000.

Other hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at about $25,000. Steward Partners Investment Advisory LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $49,000. Farther Finance Advisors LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth approximately $110,000. Latitude Advisors LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $222,000. Finally, Vienna Asset Management LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $232,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Down 0.4%

NASDAQ GPIQ opened at $53.32 on Tuesday. 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 company has a fifty day simple moving average of $52.94 and a two-hundred day simple moving average of $51.46. The stock has a market cap of $1.98 billion, a P/E ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, December 5th. Shareholders of record on Monday, December 1st were given a dividend of $0.4652 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 10.5%.

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.