Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Update

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 306,341 shares, a decline of 21.2% from the January 15th total of 388,939 shares. Based on an average trading volume of 1,128,643 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.6% of the shares of the company are sold short. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 1,128,643 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth approximately $28,000. Gilpin Wealth Management LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth $32,000. PNC Financial Services Group Inc. lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 131.6% in the fourth quarter. PNC Financial Services Group Inc. now owns 660 shares of the company’s stock valued at $35,000 after buying an additional 375 shares during the last quarter. Camelot Portfolios LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at $49,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter valued at $49,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.2%

GPIQ stock traded up $0.11 during trading on Monday, hitting $51.39. 858,371 shares of the company’s stock traded hands, compared to its average volume of 1,136,800. The stock has a market capitalization of $2.82 billion, a price-to-earnings ratio of 33.26 and a beta of 0.95. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $38.13 and a 52 week high of $54.63. The stock has a fifty day moving average price of $52.85 and a two-hundred day moving average price of $52.24.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a dividend of $0.4655 per share. This represents a c) annualized dividend and a yield of 10.9%. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.46. The ex-dividend date was Monday, February 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.