Royal Bank of Canada Acquires 112,957 Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Royal Bank of Canada grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 24.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 573,737 shares of the company’s stock after acquiring an additional 112,957 shares during the period. Royal Bank of Canada’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $28,395,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. LPL Financial LLC raised its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 35.3% during the 4th quarter. LPL Financial LLC now owns 1,880,169 shares of the company’s stock valued at $99,405,000 after purchasing an additional 490,625 shares during the period. Requisite Capital Management LLC boosted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 2.9% in the 4th quarter. Requisite Capital Management LLC now owns 1,558,394 shares of the company’s stock worth $82,392,000 after purchasing an additional 43,428 shares during the period. Bank of America Corp DE grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 43.0% during the 3rd quarter. Bank of America Corp DE now owns 1,260,829 shares of the company’s stock valued at $66,143,000 after buying an additional 378,830 shares in the last quarter. HighTower Advisors LLC grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 16.5% during the 4th quarter. HighTower Advisors LLC now owns 1,057,006 shares of the company’s stock valued at $55,884,000 after buying an additional 149,548 shares in the last quarter. Finally, Cerity Partners LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $33,003,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

GPIQ stock opened at $57.27 on Wednesday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a one year low of $47.72 and a one year high of $59.83. The company’s fifty day moving average price is $57.46 and its 200-day moving average price is $54.52. The company has a market capitalization of $5.26 billion, a PE ratio of 33.26 and a beta of 1.04.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, August 7th. Shareholders of record on Monday, August 3rd will be issued a $0.4862 dividend. This represents a c) dividend on an annualized basis and a yield of 10.2%. The ex-dividend date is Monday, August 3rd.

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.