Beacon Financial Advisory LLC Purchases 6,935 Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Beacon Financial Advisory LLC raised its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 116.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,874 shares of the company’s stock after purchasing an additional 6,935 shares during the quarter. Beacon Financial Advisory LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $641,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in GPIQ. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter worth about $25,000. Harbour Investments Inc. bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 1st quarter valued at approximately $93,000. Farther Finance Advisors LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $110,000. Manchester Capital Management LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter worth $183,000. Finally, Aurora Private Wealth Inc. raised its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 5.3% during the first quarter. Aurora Private Wealth Inc. now owns 5,067 shares of the company’s stock worth $226,000 after acquiring an additional 255 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

NASDAQ:GPIQ opened at $52.18 on Monday. The firm has a market cap of $1.75 billion, a P/E ratio of 33.26 and a beta of 1.02. The firm’s fifty day moving average is $51.08 and its 200-day moving average is $48.19. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $38.13 and a 52 week high of $52.54.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, October 7th. Investors of record on Wednesday, October 1st will be given a $0.4579 dividend. This represents a c) annualized dividend and a yield of 10.5%. The ex-dividend date of this dividend is Wednesday, October 1st. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.44.

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.