Goldman Sachs Group Inc. Trims Stock Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Goldman Sachs Group Inc. trimmed its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,744,267 shares of the company’s stock after selling 106,418 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $92,219,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Texas Yale Capital Corp. raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 19.0% in the 4th quarter. Texas Yale Capital Corp. now owns 5,000 shares of the company’s stock worth $264,000 after purchasing an additional 800 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 37.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 102,633 shares of the company’s stock worth $5,426,000 after purchasing an additional 27,880 shares during the period. Moors & Cabot Inc. purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter worth about $261,000. Kingsview Wealth Management LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 226.5% in the 4th quarter. Kingsview Wealth Management LLC now owns 16,956 shares of the company’s stock worth $896,000 after purchasing an additional 11,762 shares during the period. Finally, Cary Street Partners Financial LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 120.6% in the 4th quarter. Cary Street Partners Financial LLC now owns 18,171 shares of the company’s stock worth $961,000 after purchasing an additional 9,935 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $57.01 on Wednesday. The stock’s 50-day moving average is $55.26 and its 200-day moving average is $53.31. The company has a market cap of $3.93 billion, a price-to-earnings ratio of 33.26 and a beta of 1.03. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12 month low of $47.72 and a 12 month high of $59.65.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, June 5th. Stockholders of record on Monday, June 1st were issued a $0.5192 dividend. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%.

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.