M Holdings Securities Inc. Has $2.20 Million Holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

M Holdings Securities Inc. grew its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 61.9% in the second quarter, according to its most recent filing with the SEC. The fund owned 44,145 shares of the company’s stock after acquiring an additional 16,883 shares during the period. M Holdings Securities Inc. owned 0.18% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $2,195,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of GPIQ. Quadrature Capital Ltd acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth about $322,000. J.W. Cole Advisors Inc. bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $323,000. RiverFront Investment Group LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.6% during the 2nd quarter. RiverFront Investment Group LLC now owns 57,192 shares of the company’s stock worth $2,849,000 after buying an additional 2,011 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $49,000. Finally, Global Retirement Partners LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $1,685,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

GPIQ stock opened at $53.15 on Friday. The company has a market capitalization of $1.98 billion, a P/E ratio of 33.26 and a beta of 0.95. The company has a fifty day moving average price of $52.68 and a 200-day moving average price of $50.79. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $38.13 and a 52-week high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, December 5th. Shareholders of record on Monday, December 1st will be given a $0.4652 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date is Monday, December 1st.

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.