Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) to Issue Dividend of $0.50

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) announced a dividend on Monday, August 31st. Shareholders of record on Tuesday, September 1st will be paid a dividend of 0.4968 per share on Tuesday, September 8th. The ex-dividend date is Tuesday, September 1st.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of NASDAQ GPIQ traded down $1.14 during mid-day trading on Tuesday, reaching $55.84. The company had a trading volume of 1,591,315 shares, compared to its average volume of 1,265,957. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $47.72 and a twelve month high of $59.83. The stock has a market capitalization of $5.13 billion, a PE ratio of 33.26 and a beta of 1.04. The stock’s 50 day moving average is $56.86 and its 200-day moving average is $55.08.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $28,000. Gilpin Wealth Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $32,000. PNC Financial Services Group Inc. lifted its stake in 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 acquiring an additional 375 shares during the last quarter. Highland Investment Advisors LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth approximately $36,000. Finally, Private Wealth Asset Management LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth approximately $55,000.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

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.