Truist Financial Corp Makes New $4.20 Million Investment in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Truist Financial Corp purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 84,275 shares of the company’s stock, valued at approximately $4,198,000. Truist Financial Corp owned 0.38% of Goldman Sachs Nasdaq 100 Core Premium Income ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GPIQ. LPL Financial LLC boosted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 46.1% in the 1st quarter. LPL Financial LLC now owns 577,710 shares of the company’s stock worth $25,766,000 after acquiring an additional 182,263 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,958,412 shares of the company’s stock worth $87,345,000 after acquiring an additional 152,942 shares during the period. Private Advisor Group LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 461.0% during the 1st quarter. Private Advisor Group LLC now owns 152,475 shares of the company’s stock valued at $6,800,000 after buying an additional 125,294 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 87.4% during the 1st quarter. HighTower Advisors LLC now owns 231,588 shares of the company’s stock valued at $10,329,000 after buying an additional 107,996 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 380.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 124,984 shares of the company’s stock valued at $6,210,000 after buying an additional 98,983 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 0.9%

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $52.74 on Thursday. The stock has a market cap of $1.81 billion, a P/E ratio of 33.26 and a beta of 1.02. The stock has a 50 day moving average of $51.19 and a 200-day moving average of $48.30. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $38.13 and a 52 week high of $52.74.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 7th. Stockholders of record on Wednesday, October 1st were paid a dividend of $0.4579 per share. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.44. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 10.4%.

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.