Avestar Capital LLC Invests $2.30 Million in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Avestar Capital LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 43,919 shares of the company’s stock, valued at approximately $2,302,000. Avestar Capital LLC owned 0.08% of Goldman Sachs Nasdaq 100 Core Premium Income ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of GPIQ. Royal Bank of Canada lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1,254.0% in the 1st quarter. Royal Bank of Canada now owns 15,368 shares of the company’s stock worth $685,000 after purchasing an additional 14,233 shares during the period. Jane Street Group LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 1st quarter worth about $1,484,000. Raymond James Financial Inc. purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth about $1,773,000. Vienna Asset Management LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth about $232,000. Finally, Bank of America Corp DE purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth about $43,932,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Down 0.2%

NASDAQ:GPIQ opened at $59.34 on Thursday. The company has a 50-day moving average price of $54.61 and a 200-day moving average price of $53.15. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12 month low of $47.61 and a 12 month high of $59.65. The stock has a market cap of $4.09 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 business also recently announced a monthly dividend, which will be paid on Friday, June 5th. Stockholders of record on Monday, June 1st will be given a $0.5192 dividend. The ex-dividend date of this dividend is Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 10.5%. This is a positive change 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.