Truist Financial Corp Raises Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Truist Financial Corp grew its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 29.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,875 shares of the company’s stock after purchasing an additional 24,600 shares during the quarter. Truist Financial Corp owned approximately 0.29% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $5,712,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Bank of America Corp DE purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at $43,932,000. Wealth Enhancement Advisory Services LLC grew its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 375.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 594,072 shares of the company’s stock worth $31,064,000 after acquiring an additional 469,088 shares in the last quarter. GGM Financials LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 4.2% in the second quarter. GGM Financials LLC now owns 374,625 shares of the company’s stock valued at $18,660,000 after purchasing an additional 15,182 shares during the last quarter. Mirae Asset Securities USA Inc. purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at about $15,939,000. Finally, Patten & Patten Inc. TN lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 24.0% during the third quarter. Patten & Patten Inc. TN now owns 226,689 shares of the company’s stock valued at $11,892,000 after purchasing an additional 43,930 shares in the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $52.43 on Wednesday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $38.13 and a fifty-two week high of $54.63. The firm’s 50-day simple moving average is $53.06 and its 200 day simple moving average is $52.17. The stock has a market cap of $2.84 billion, a PE ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 6th. Stockholders of record on Monday, February 2nd will be issued a $0.4655 dividend. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.46. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date of this dividend is Monday, February 2nd.

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.