Compass Financial Management LLC Buys New Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Compass Financial Management LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 52,583 shares of the company’s stock, valued at approximately $3,084,000. Compass Financial Management LLC owned about 0.06% of Goldman Sachs Nasdaq 100 Core Premium Income ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1,254.0% during the first quarter. Royal Bank of Canada now owns 15,368 shares of the company’s stock worth $685,000 after acquiring an additional 14,233 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter valued at about $1,484,000. Raymond James Financial Inc. purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $1,773,000. Vienna Asset Management LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $232,000. Finally, Bank of America Corp DE acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth approximately $43,932,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 0.3%

NASDAQ:GPIQ opened at $56.65 on Friday. The company has a market cap of $5.20 billion, a PE ratio of 33.26 and a beta of 1.04. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $47.72 and a twelve month high of $59.83. The company’s 50 day moving average is $57.15 and its two-hundred day moving average is $54.86.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, August 7th. Shareholders of record on Monday, August 3rd were issued a $0.4862 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 10.3%.

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.