Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Sets New 52-Week High – Here’s What Happened

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $58.35 and last traded at $58.12, with a volume of 298064 shares traded. The stock had previously closed at $57.88.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.7%

The business’s 50 day moving average is $53.14 and its 200-day moving average is $52.77. The firm has a market cap of $4.01 billion, a P/E ratio of 33.26 and a beta of 1.01.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, May 7th. Investors of record on Friday, May 1st were paid a $0.4833 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date was Friday, May 1st.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Signature Estate & Investment Advisors LLC increased its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.1% in the third quarter. Signature Estate & Investment Advisors LLC now owns 17,220 shares of the company’s stock worth $903,000 after buying an additional 194 shares during the last quarter. Private Wealth Partners LLC grew its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.8% in the 3rd quarter. Private Wealth Partners LLC now owns 30,250 shares of the company’s stock worth $1,587,000 after acquiring an additional 250 shares in the last quarter. Aurdan Capital Management LLC increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.4% in the 3rd quarter. Aurdan Capital Management LLC now owns 68,455 shares of the company’s stock valued at $3,591,000 after acquiring an additional 268 shares during the last quarter. Comprehensive Money Management Services LLC increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.9% in the 4th quarter. Comprehensive Money Management Services LLC now owns 7,359 shares of the company’s stock valued at $389,000 after acquiring an additional 275 shares during the last quarter. Finally, Graney & King LLC increased its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.1% in the 1st quarter. Graney & King LLC now owns 24,573 shares of the company’s stock valued at $1,216,000 after acquiring an additional 275 shares during the last quarter.

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.