Graypoint LLC Makes New Investment in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

Graypoint LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 16,093 shares of the company’s stock, valued at approximately $789,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Great Valley Advisor Group Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 3rd quarter worth approximately $230,000. Avaii Wealth Management LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter valued at $271,000. Castle Rock Wealth Management LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter valued at $282,000. Private Advisor Group LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 36.0% during the 3rd quarter. Private Advisor Group LLC now owns 23,291 shares of the company’s stock valued at $1,117,000 after purchasing an additional 6,171 shares in the last quarter. Finally, Synergy Financial Group LTD bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 3rd quarter valued at $322,000.

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

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $48.33 on Friday. The company has a market capitalization of $333.48 million, a P/E ratio of 30.31 and a beta of 1.02. The firm’s fifty day simple moving average is $49.33 and its 200-day simple moving average is $47.86. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $42.01 and a 1-year high of $50.80.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 3rd were issued a $0.4285 dividend. The ex-dividend date was Friday, January 3rd. This represents a $5.14 annualized dividend and a yield of 10.64%.

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.