Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) is GGM Financials LLC’s 3rd Largest Position

GGM Financials LLC lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 29.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 359,443 shares of the company’s stock after buying an additional 81,206 shares during the period. Goldman Sachs Nasdaq 100 Core Premium Income ETF makes up 10.9% of GGM Financials LLC’s holdings, making the stock its 3rd largest holding. GGM Financials LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $16,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the company. MGO One Seven LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter worth $6,535,000. Sanctuary Advisors LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at about $311,000. Citadel Advisors LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $625,000. Stratos Wealth Partners LTD. purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $207,000. Finally, LPL Financial LLC raised its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 33.3% during the fourth quarter. LPL Financial LLC now owns 395,447 shares of the company’s stock worth $19,389,000 after acquiring an additional 98,756 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of NASDAQ GPIQ opened at $48.12 on Friday. The firm’s 50-day moving average is $44.96 and its two-hundred day moving average is $47.37. The company has a market capitalization of $635.18 million, a PE ratio of 30.27 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $38.13 and a 12-month high of $50.85.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 6th. Investors of record on Monday, June 2nd were paid a $0.4146 dividend. The ex-dividend date was Monday, June 2nd. This represents a $4.97 dividend on an annualized basis and a yield of 10.34%. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.39.

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.