Cora Capital Advisors LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,400 shares of the company’s stock, valued at approximately $777,000.
Several other hedge funds also recently made changes to their positions in the business. Highland Investment Advisors LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at approximately $36,000. Tsfg LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter worth approximately $62,000. International Assets Investment Management LLC increased its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 38.1% during the 1st quarter. International Assets Investment Management LLC now owns 1,450 shares of the company’s stock worth $72,000 after acquiring an additional 400 shares during the period. Allworth Financial LP bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth $106,000. Finally, Fifth Third Bancorp increased its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 457.4% during the 1st quarter. Fifth Third Bancorp now owns 2,982 shares of the company’s stock worth $148,000 after acquiring an additional 2,447 shares during the period.
Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance
Shares of NASDAQ GPIQ opened at $50.56 on Friday. The stock has a market capitalization of $5.88 billion, a P/E ratio of 33.26 and a beta of 1.06. The stock’s fifty day moving average is $56.57 and its 200 day moving average is $55.23. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $47.72 and a 52 week high of $59.83.
Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, November 6th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.4714 per share. This is a drop from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.5088. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $5.66 dividend on an annualized basis and a dividend yield of 11.2%.
Goldman Sachs Nasdaq 100 Core Premium Income ETF 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.
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