Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Sets New 52-Week High – Here’s What Happened

Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) reached a new 52-week high on Friday . The stock traded as high as $58.35 and last traded at $58.12, with a volume of 298064 shares trading hands. The stock had previously closed at $57.88.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.7%

The firm’s 50 day simple moving average is $53.14 and its two-hundred day simple moving average is $52.77. The stock has a market cap of $4.01 billion, a P/E ratio of 33.26 and a beta of 1.01.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were given a dividend of $0.4833 per share. The ex-dividend date was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 10.0%.

Hedge Funds Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Several institutional investors have recently modified their holdings of the company. Western Wealth Management LLC grew its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 43.1% during the first quarter. Western Wealth Management LLC now owns 22,938 shares of the company’s stock worth $1,135,000 after acquiring an additional 6,908 shares during the last quarter. Bank of America Corp DE grew its position 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 worth $88,424,000 after acquiring an additional 21,762 shares during the last quarter. Graney & King LLC grew its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.1% during the first quarter. Graney & King LLC now owns 24,573 shares of the company’s stock worth $1,216,000 after acquiring an additional 275 shares during the last quarter. Bull Harbor Capital LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter worth about $445,000. Finally, Sunbelt Securities Inc. grew its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 22.1% during the first quarter. Sunbelt Securities Inc. now owns 42,804 shares of the company’s stock worth $2,118,000 after acquiring an additional 7,744 shares during the last quarter.

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.