Royal Bank of Canada Boosts Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Royal Bank of Canada increased its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 24.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 573,737 shares of the company’s stock after purchasing an additional 112,957 shares during the quarter. Royal Bank of Canada owned approximately 0.83% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $28,395,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter valued at about $1,484,000. Raymond James Financial Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth about $1,773,000. Vienna Asset Management LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth about $232,000. Bank of America Corp DE bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth about $43,932,000. Finally, EP Wealth Advisors LLC raised its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.9% in the second quarter. EP Wealth Advisors LLC now owns 163,147 shares of the company’s stock worth $8,126,000 after buying an additional 1,495 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 2.7%

Shares of NASDAQ:GPIQ opened at $57.27 on Wednesday. The stock has a 50 day moving average of $57.46 and a 200 day moving average of $54.52. The company has a market cap of $5.26 billion, a PE ratio of 33.26 and a beta of 1.04. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $47.72 and a 12-month high of $59.83.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 7th. Shareholders of record on Monday, August 3rd will be issued a dividend of $0.4862 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a c) annualized dividend and a yield of 10.2%.

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.