Private Advisor Group LLC Boosts Stock Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Private Advisor Group LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 16.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,861 shares of the company’s stock after purchasing an additional 9,436 shares during the quarter. Private Advisor Group LLC owned approximately 0.10% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $3,259,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Fifth Third Bancorp bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at about $28,000. Gilpin Wealth Management LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter worth approximately $32,000. PNC Financial Services Group Inc. raised its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 131.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 660 shares of the company’s stock worth $35,000 after acquiring an additional 375 shares in the last quarter. Camelot Portfolios LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $49,000. Finally, Private Wealth Asset Management LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $55,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.3%

Shares of GPIQ opened at $57.09 on Thursday. The company has a 50 day moving average of $57.78 and a two-hundred day moving average of $54.10. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $47.72 and a twelve month high of $59.83. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were issued a dividend of $0.5191 per share. This represents a c) annualized dividend and a dividend yield of 10.9%. The ex-dividend date was Wednesday, July 1st.

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.