Farther Finance Advisors LLC Makes New Investment in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Farther Finance Advisors LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 2,215 shares of the company’s stock, valued at approximately $110,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of GPIQ. Wealth Enhancement Advisory Services LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter worth $1,215,000. GGM Financials LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 29.2% in the first quarter. GGM Financials LLC now owns 359,443 shares of the company’s stock worth $16,031,000 after acquiring an additional 81,206 shares during the period. Forefront Wealth Management Inc. raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 10.1% in the first quarter. Forefront Wealth Management Inc. now owns 61,249 shares of the company’s stock worth $2,732,000 after purchasing an additional 5,607 shares in the last quarter. Mason & Associates Inc raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 4.1% in the first quarter. Mason & Associates Inc now owns 97,572 shares of the company’s stock worth $4,352,000 after purchasing an additional 3,860 shares in the last quarter. Finally, Private Wealth Partners LLC raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 6.1% in the first quarter. Private Wealth Partners LLC now owns 13,000 shares of the company’s stock worth $580,000 after purchasing an additional 750 shares in the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $52.18 on Friday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a one year low of $38.13 and a one year high of $52.54. The company has a market capitalization of $1.70 billion, a PE ratio of 33.26 and a beta of 1.02. The company has a 50-day simple moving average of $51.08 and a two-hundred day simple moving average of $48.15.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st will be issued a dividend of $0.4579 per share. This represents a c) annualized dividend and a dividend yield of 10.5%. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date is Wednesday, October 1st.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company 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.