Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ Stock Acquired by Ellis Investment Partners LLC

Ellis Investment Partners LLC grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 8.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 266,957 shares of the company’s stock after purchasing an additional 21,064 shares during the quarter. Goldman Sachs Nasdaq 100 Core Premium Income ETF comprises about 2.3% of Ellis Investment Partners LLC’s portfolio, making the stock its 11th biggest position. Ellis Investment Partners LLC owned approximately 0.24% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $15,478,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Requisite Capital Management LLC raised its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.3% during the 2nd quarter. Requisite Capital Management LLC now owns 1,581,010 shares of the company’s stock worth $93,770,000 after buying an additional 4,822 shares during the period. Bank of America Corp DE grew its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.2% during the first quarter. Bank of America Corp DE now owns 1,786,695 shares of the company’s stock valued at $88,424,000 after buying an additional 21,762 shares during the last quarter. Royal Bank of Canada grew its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 24.5% during the first quarter. Royal Bank of Canada now owns 573,737 shares of the company’s stock valued at $28,395,000 after buying an additional 112,957 shares during the last quarter. American National Bank & Trust bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 3rd quarter valued at about $14,414,000. Finally, Envestnet Asset Management Inc. boosted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 31.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 212,391 shares of the company’s stock valued at $12,597,000 after purchasing an additional 50,680 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 1.2%

NASDAQ:GPIQ traded up $0.68 during trading hours on Wednesday, hitting $56.81. 673,041 shares of the company traded hands, compared to its average volume of 1,321,944. The firm’s 50-day simple moving average is $57.08 and its 200-day simple moving average is $56.63. The company has a market cap of $6.38 billion, a PE ratio of 33.26 and a beta of 1.03. 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 Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were paid a dividend of $0.5088 per share. This represents a $6.11 dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date was Thursday, October 1st. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.4968.

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.