Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ Shares Newly Acquired by Bayshore Capital Advisors LLC

Bayshore Capital Advisors LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 14,500 shares of the company’s stock, valued at approximately $841,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF accounts for approximately 0.4% of Bayshore Capital Advisors LLC’s investment portfolio, making the stock its 24th biggest position.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Requisite Capital Management LLC increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.3% in the second quarter. Requisite Capital Management LLC now owns 1,581,010 shares of the company’s stock valued at $93,770,000 after purchasing an additional 4,822 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.2% during the first quarter. Bank of America Corp DE now owns 1,786,695 shares of the company’s stock valued at $88,424,000 after buying an additional 21,762 shares during the last quarter. Royal Bank of Canada lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 24.5% in the first quarter. Royal Bank of Canada now owns 573,737 shares of the company’s stock valued at $28,395,000 after acquiring an additional 112,957 shares in the last quarter. Commonwealth Equity Services LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter worth $27,105,000. Finally, Ellis Investment Partners LLC grew its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.6% during the 3rd quarter. Ellis Investment Partners LLC now owns 266,957 shares of the company’s stock valued at $15,478,000 after purchasing an additional 21,064 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 1.3%

Shares of NASDAQ GPIQ opened at $51.26 on Friday. The business’s 50 day moving average is $56.45 and its two-hundred day moving average is $55.23. The firm has a market cap of $5.96 billion, a price-to-earnings ratio of 33.26 and a beta of 1.06. 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 business also recently declared a monthly dividend, which was paid on Friday, November 6th. Shareholders of record on Monday, November 2nd were given a $0.4714 dividend. This is a decrease from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.5088. This represents a $5.66 dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date of this dividend was Monday, November 2nd.

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.