HighTower Advisors LLC Acquires 35,653 Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

HighTower Advisors LLC grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 4.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 907,458 shares of the company’s stock after buying an additional 35,653 shares during the quarter. HighTower Advisors LLC owned approximately 2.44% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $47,605,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Royal Bank of Canada grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1,254.0% during the 1st quarter. Royal Bank of Canada now owns 15,368 shares of the company’s stock worth $685,000 after acquiring an additional 14,233 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter worth approximately $1,484,000. Stratos Wealth Partners LTD. grew its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 260.4% during the second quarter. Stratos Wealth Partners LTD. now owns 20,181 shares of the company’s stock valued at $1,005,000 after purchasing an additional 14,581 shares during the last quarter. Balboa Wealth Partners increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.1% in the second quarter. Balboa Wealth Partners now owns 7,475 shares of the company’s stock valued at $372,000 after purchasing an additional 225 shares in the last quarter. Finally, Prosperity Financial Group Inc. raised its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.1% in the 2nd quarter. Prosperity Financial Group Inc. now owns 17,031 shares of the company’s stock worth $848,000 after purchasing an additional 1,280 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

NASDAQ:GPIQ opened at $51.38 on Wednesday. The company has a market cap of $2.82 billion, a price-to-earnings ratio of 33.26 and a beta of 0.95. The stock’s fifty day moving average price is $52.77 and its two-hundred day moving average price is $52.26. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $38.13 and a 52-week high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

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