Beacon Financial Advisory LLC Boosts Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Beacon Financial Advisory LLC boosted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 56.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 29,951 shares of the company’s stock after buying an additional 10,853 shares during the quarter. Beacon Financial Advisory LLC owned approximately 0.05% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $1,584,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. MML Investors Services LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 15.5% in the 4th quarter. MML Investors Services LLC now owns 12,327 shares of the company’s stock valued at $652,000 after buying an additional 1,650 shares in the last quarter. Mariner LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 91.1% in the 4th quarter. Mariner LLC now owns 40,522 shares of the company’s stock valued at $2,142,000 after buying an additional 19,319 shares in the last quarter. Beta Wealth Group Inc. lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.1% in the 4th quarter. Beta Wealth Group Inc. now owns 42,349 shares of the company’s stock valued at $2,239,000 after buying an additional 3,190 shares in the last quarter. Jacobi Capital Management LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 11.9% in the 4th quarter. Jacobi Capital Management LLC now owns 4,344 shares of the company’s stock valued at $230,000 after buying an additional 461 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 34.7% in the 4th quarter. Kestra Advisory Services LLC now owns 46,991 shares of the company’s stock valued at $2,484,000 after buying an additional 12,095 shares in the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

GPIQ stock opened at $59.52 on Tuesday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $47.72 and a 1 year high of $59.65. The stock’s 50 day moving average price is $55.95 and its 200 day moving average price is $53.48. The firm has a market cap of $4.10 billion, a P/E ratio of 33.26 and a beta of 1.03.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were paid a dividend of $0.5192 per share. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.48.

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.