Meridian Wealth Management LLC Buys Shares of 14,353 Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Meridian Wealth Management LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 14,353 shares of the company’s stock, valued at approximately $715,000. Meridian Wealth Management LLC owned approximately 0.06% of Goldman Sachs Nasdaq 100 Core Premium Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.5% during the first quarter. Goldman Sachs Group Inc. now owns 1,958,412 shares of the company’s stock valued at $87,345,000 after acquiring an additional 152,942 shares during the last quarter. Requisite Capital Management LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at about $66,679,000. LPL Financial LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 46.1% during the 1st quarter. LPL Financial LLC now owns 577,710 shares of the company’s stock worth $25,766,000 after purchasing an additional 182,263 shares during the last quarter. GGM Financials LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 4.2% during the 2nd quarter. GGM Financials LLC now owns 374,625 shares of the company’s stock worth $18,660,000 after purchasing an additional 15,182 shares during the last quarter. Finally, Mirae Asset Securities USA Inc. purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter worth about $15,939,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

NASDAQ:GPIQ opened at $52.40 on Monday. The firm has a market cap of $1.95 billion, a PE ratio of 33.26 and a beta of 0.95. The firm has a 50 day simple moving average of $52.51 and a 200-day simple moving average of $50.25. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $38.13 and a 1-year high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, November 7th. Shareholders of record on Monday, November 3rd were issued a $0.4737 dividend. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.46. The ex-dividend date was Monday, November 3rd. This represents a c) annualized dividend and a yield of 10.8%.

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.