Cornerstone Advisory LLC Acquires 15,197 Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

Cornerstone Advisory LLC boosted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 178.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,697 shares of the company’s stock after purchasing an additional 15,197 shares during the quarter. Cornerstone Advisory LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $1,200,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GPIQ. Stratos Wealth Partners LTD. bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter worth approximately $207,000. Aurora Private Wealth Inc. bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at approximately $236,000. Atlanta Consulting Group Advisors LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at $236,000. Cary Street Partners Financial LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at about $241,000. Finally, CAP Partners LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter worth approximately $270,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 1.1%

GPIQ stock opened at $47.25 on Thursday. The firm’s fifty day simple moving average is $44.43 and its two-hundred day simple moving average is $47.46. The stock has a market capitalization of $623.70 million, a price-to-earnings ratio of 30.29 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $38.13 and a twelve month high of $50.85.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, May 7th. Investors of record on Thursday, May 1st were given a $0.3883 dividend. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.39. This represents a $4.66 dividend on an annualized basis and a yield of 9.86%. The ex-dividend date was Thursday, May 1st.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company 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.