Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ Stock: International Assets Investment Management LLC Grows Position

International Assets Investment Management LLC raised its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 836.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 30,420 shares of the company’s stock after purchasing an additional 27,170 shares during the period. International Assets Investment Management LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $1,752,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. SeedSafe Financial LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth about $362,000. Kraematon Investment Advisors Inc. purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter valued at about $292,000. Kestra Advisory Services LLC lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 56.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 224,995 shares of the company’s stock valued at $13,045,000 after buying an additional 81,561 shares in the last quarter. Cora Capital Advisors LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter valued at approximately $777,000. Finally, Commonwealth Equity Services LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter valued at approximately $27,105,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $51.26 on Monday. The firm has a 50 day moving average of $56.45 and a 200 day moving average of $55.23. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 33.26 and a beta of 1.06. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $47.72 and a 12-month high of $59.83.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 6th. Shareholders of record on Monday, November 2nd were issued a dividend of $0.4714 per share. This is a decrease from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.5088. This represents a $5.66 annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend was Monday, November 2nd.

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.