Sunbelt Securities Inc. Has $1.85 Million Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Sunbelt Securities Inc. boosted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 67.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 35,060 shares of the company’s stock after acquiring an additional 14,092 shares during the quarter. Sunbelt Securities Inc.’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $1,854,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Fifth Third Bancorp bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth about $28,000. Gilpin Wealth Management LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at about $32,000. PNC Financial Services Group Inc. lifted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 131.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 660 shares of the company’s stock valued at $35,000 after purchasing an additional 375 shares in the last quarter. Camelot Portfolios LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter worth about $49,000. Finally, Private Wealth Asset Management LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter worth about $55,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

NASDAQ:GPIQ opened at $59.39 on Friday. The stock has a 50-day simple moving average of $56.65 and a 200 day simple moving average of $53.64. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $47.72 and a 52-week high of $59.65. The company has a market cap of $4.09 billion, a PE ratio of 33.26 and a beta of 1.03.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, June 5th. Shareholders of record on Monday, June 1st were given a dividend of $0.5192 per share. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.48. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 10.5%.

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.