Cedarwood Wealth LLC Buys New Shares in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Cedarwood Wealth LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 24,227 shares of the company’s stock, valued at approximately $1,295,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF comprises 1.5% of Cedarwood Wealth LLC’s portfolio, making the stock its 18th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GPIQ. NWF Advisory Services Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $919,000. Wick Capital Partners LLC lifted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 66.9% during the fourth quarter. Wick Capital Partners LLC now owns 113,080 shares of the company’s stock worth $5,979,000 after purchasing an additional 45,346 shares during the period. Sunbelt Securities Inc. lifted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 67.2% during the fourth quarter. Sunbelt Securities Inc. now owns 35,060 shares of the company’s stock worth $1,854,000 after purchasing an additional 14,092 shares during the period. Corient Private Wealth LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at approximately $320,000. Finally, EP Wealth Advisors LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at approximately $9,596,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

GPIQ opened at $59.39 on Friday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $47.72 and a 12-month high of $59.65. The firm has a market capitalization of $4.09 billion, a PE ratio of 33.26 and a beta of 1.03. The firm has a 50 day moving average of $56.65 and a two-hundred day moving average of $53.64.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, June 1st were paid a $0.5192 dividend. The ex-dividend date was Monday, June 1st. This is an increase 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 dividend yield of 10.5%.

Goldman Sachs Nasdaq 100 Core Premium Income ETF 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.