Forefront Wealth Management Inc. Makes New Investment in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

Forefront Wealth Management Inc. acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 55,642 shares of the company’s stock, valued at approximately $2,728,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF comprises approximately 2.5% of Forefront Wealth Management Inc.’s investment portfolio, making the stock its 12th biggest position. Forefront Wealth Management Inc. owned 0.69% of Goldman Sachs Nasdaq 100 Core Premium Income ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GPIQ. GGM Financials LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 23.6% in the 4th quarter. GGM Financials LLC now owns 278,237 shares of the company’s stock valued at $13,642,000 after buying an additional 53,175 shares during the period. EP Wealth Advisors LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth approximately $7,481,000. XML Financial LLC increased its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 799.5% during the fourth quarter. XML Financial LLC now owns 135,228 shares of the company’s stock worth $6,630,000 after buying an additional 120,194 shares during the period. Patten & Patten Inc. TN increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 21.1% in the fourth quarter. Patten & Patten Inc. TN now owns 123,953 shares of the company’s stock valued at $6,077,000 after purchasing an additional 21,569 shares during the period. Finally, HighTower Advisors LLC increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 84.5% in the fourth quarter. HighTower Advisors LLC now owns 123,592 shares of the company’s stock valued at $6,060,000 after purchasing an additional 56,617 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $45.54 on Friday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $42.01 and a 1-year high of $50.85. The company has a market cap of $368.87 million, a PE ratio of 32.37 and a beta of 1.02. The stock’s 50 day moving average price is $48.41 and its 200 day moving average price is $48.37.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Shareholders of record on Monday, March 3rd were given a dividend of $0.4148 per share. The ex-dividend date was Monday, March 3rd.

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.