Arsenal Capital Advisors LLC Acquires New Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Arsenal Capital Advisors LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 67,089 shares of the company’s stock, valued at approximately $3,547,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF accounts for approximately 2.5% of Arsenal Capital Advisors LLC’s holdings, making the stock its 9th largest position. Arsenal Capital Advisors LLC owned approximately 0.12% of Goldman Sachs Nasdaq 100 Core Premium Income ETF as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in GPIQ. Royal Bank of Canada raised its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1,254.0% during the first quarter. Royal Bank of Canada now owns 15,368 shares of the company’s stock valued at $685,000 after purchasing an additional 14,233 shares in the last quarter. Jane Street Group LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter valued at about $1,484,000. Raymond James Financial Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter valued at about $1,773,000. Vienna Asset Management LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter valued at about $232,000. Finally, Bank of America Corp DE purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter valued at about $43,932,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 4.0%

NASDAQ GPIQ opened at $56.79 on Friday. The stock’s 50-day simple moving average is $54.92 and its two-hundred day simple moving average is $53.22. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $47.72 and a twelve month high of $59.65. The company has a market capitalization of $3.91 billion, a price-to-earnings ratio of 33.26 and a beta of 1.03.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were given a dividend of $0.5192 per share. The ex-dividend date was Monday, June 1st. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.48. This represents a c) dividend on an annualized basis and a yield of 11.0%.

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.