Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Reaches New 1-Year High – Here’s What Happened

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) reached a new 52-week high on Tuesday . The stock traded as high as $57.81 and last traded at $57.75, with a volume of 1616604 shares trading hands. The stock had previously closed at $57.57.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

The firm has a fifty day moving average price of $52.40 and a two-hundred day moving average price of $52.62. The stock has a market capitalization of $3.98 billion, a P/E ratio of 33.26 and a beta of 1.01.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

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

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of institutional investors have recently bought and sold shares of GPIQ. Commonwealth Equity Services LLC boosted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 389.9% during the 3rd quarter. Commonwealth Equity Services LLC now owns 134,283 shares of the company’s stock valued at $7,044,000 after purchasing an additional 106,870 shares during the last quarter. Cornerstone Advisory LLC grew its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 43.0% in the third quarter. Cornerstone Advisory LLC now owns 40,579 shares of the company’s stock worth $2,129,000 after acquiring an additional 12,199 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 191.8% in the fourth quarter. Capital Investment Advisory Services LLC now owns 24,107 shares of the company’s stock worth $1,275,000 after acquiring an additional 15,846 shares in the last quarter. Winnow Wealth LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth about $1,018,000. Finally, American National Bank & Trust purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth about $4,813,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company 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.