Wedbush Securities Inc. Purchases New Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Wedbush Securities Inc. purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 20,713 shares of the company’s stock, valued at approximately $1,201,000.

Other institutional investors also recently modified their holdings of the company. Highland Investment Advisors LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth approximately $36,000. Tsfg LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $62,000. International Assets Investment Management LLC grew its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 38.1% in the 1st quarter. International Assets Investment Management LLC now owns 1,450 shares of the company’s stock valued at $72,000 after buying an additional 400 shares in the last quarter. Allworth Financial LP bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at $106,000. Finally, AdvisorNet Financial Inc raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 551.4% during the 1st quarter. AdvisorNet Financial Inc now owns 2,280 shares of the company’s stock valued at $113,000 after acquiring an additional 1,930 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of GPIQ stock opened at $55.21 on Monday. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 33.26 and a beta of 1.03. The company’s fifty day simple moving average is $56.96 and its two-hundred day simple moving average is $56.76. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $47.72 and a 1 year high of $59.83.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 7th. Stockholders of record on Thursday, October 1st were given a $0.5088 dividend. This represents a $6.11 annualized dividend and a dividend yield of 11.1%. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.4968. The ex-dividend date was Thursday, October 1st.

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.