Independent Financial Group LLC Makes New $830,000 Investment in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Independent Financial Group LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) during the 1st quarter, Holdings Channel.com reports. The fund bought 16,781 shares of the company’s stock, valued at approximately $830,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GPIQ. Fifth Third Bancorp bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at approximately $28,000. Gilpin Wealth Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth $32,000. PNC Financial Services Group Inc. increased its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 131.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 660 shares of the company’s stock worth $35,000 after acquiring an additional 375 shares during the period. Camelot Portfolios LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at $49,000. Finally, Private Wealth Asset Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at $55,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

NASDAQ:GPIQ opened at $56.99 on Wednesday. The company has a market cap of $5.00 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $47.72 and a fifty-two week high of $59.83. The stock has a fifty day moving average price of $57.94 and a 200-day moving average price of $54.35.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st were paid a $0.5191 dividend. This represents a c) dividend on an annualized basis and a yield of 10.9%. The ex-dividend date of this dividend was Wednesday, July 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.