GGM Financials LLC Raises Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

GGM Financials LLC boosted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 4.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 374,625 shares of the company’s stock after purchasing an additional 15,182 shares during the period. Goldman Sachs Nasdaq 100 Core Premium Income ETF accounts for approximately 3.7% of GGM Financials LLC’s portfolio, making the stock its 6th largest position. GGM Financials LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $18,660,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth approximately $25,000. Harbour Investments Inc. bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 1st quarter worth approximately $93,000. Farther Finance Advisors LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth approximately $110,000. Manchester Capital Management LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth approximately $183,000. Finally, Latitude Advisors LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth approximately $222,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 1.4%

Shares of NASDAQ:GPIQ opened at $54.07 on Tuesday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $38.13 and a 1-year high of $54.10. The firm has a market capitalization of $1.91 billion, a PE ratio of 33.26 and a beta of 0.95. The business’s 50 day moving average is $51.73 and its 200-day moving average is $49.19.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.4579 per share. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date of this dividend was Wednesday, October 1st. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.44.

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.