Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ Shares Purchased by Ellis Investment Partners LLC

Ellis Investment Partners LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 112.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,019 shares of the company’s stock after purchasing an additional 8,494 shares during the quarter. Ellis Investment Partners LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $798,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,958,412 shares of the company’s stock valued at $87,345,000 after purchasing an additional 152,942 shares during the last quarter. Requisite Capital Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at $66,679,000. LPL Financial LLC raised its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 46.1% in the 1st quarter. LPL Financial LLC now owns 577,710 shares of the company’s stock valued at $25,766,000 after purchasing an additional 182,263 shares during the last quarter. HighTower Advisors LLC raised its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 87.4% in the 1st quarter. HighTower Advisors LLC now owns 231,588 shares of the company’s stock valued at $10,329,000 after purchasing an additional 107,996 shares during the last quarter. Finally, MGO One Seven LLC raised its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 26.2% in the 1st quarter. MGO One Seven LLC now owns 168,191 shares of the company’s stock valued at $7,501,000 after purchasing an additional 34,899 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 2.7%

Shares of GPIQ opened at $51.27 on Monday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $38.13 and a 52-week high of $52.86. The company has a market capitalization of $1.76 billion, a PE ratio of 33.26 and a beta of 1.02. The stock has a fifty day simple moving average of $51.28 and a two-hundred day simple moving average of $48.41.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, October 7th. Shareholders of record on Wednesday, October 1st were paid a $0.4579 dividend. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%.

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.