Cetera Investment Advisers Acquires 56,696 Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Cetera Investment Advisers raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 67.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 140,611 shares of the company’s stock after buying an additional 56,696 shares during the period. Cetera Investment Advisers’ holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $6,959,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Fifth Third Bancorp purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth about $28,000. Gilpin Wealth Management LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $32,000. PNC Financial Services Group Inc. boosted its holdings 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 valued at $35,000 after acquiring an additional 375 shares during the period. Camelot Portfolios LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth approximately $49,000. Finally, Private Wealth Asset Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth approximately $55,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $55.52 on Friday. The business’s 50 day simple moving average is $57.54 and its two-hundred day simple moving average is $54.46. The stock has a market capitalization of $5.06 billion, a P/E ratio of 33.26 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a one year low of $47.72 and a one year high of $59.83.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were issued a $0.5191 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 11.2%.

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.