Farther Finance Advisors LLC Grows Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Farther Finance Advisors LLC raised its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 1,378.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 32,739 shares of the company’s stock after acquiring an additional 30,524 shares during the period. Farther Finance Advisors LLC owned approximately 0.10% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $1,718,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of GPIQ. Goldman Sachs Group Inc. grew its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 8.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,958,412 shares of the company’s stock valued at $87,345,000 after purchasing an additional 152,942 shares in the last quarter. Requisite Capital Management LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth $66,679,000. Bank of America Corp DE acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter worth about $43,932,000. GGM Financials LLC increased its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 4.2% during the second quarter. GGM Financials LLC now owns 374,625 shares of the company’s stock worth $18,660,000 after buying an additional 15,182 shares during the period. Finally, Mirae Asset Securities USA Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at $15,939,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of GPIQ opened at $53.51 on Friday. The firm has a 50-day simple moving average of $52.93 and a 200-day simple moving average of $51.39. The company has a market capitalization of $1.99 billion, a price-to-earnings ratio of 33.26 and a beta of 0.95. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $38.13 and a fifty-two week high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 5th. Stockholders of record on Monday, December 1st were paid a dividend of $0.4652 per share. This represents a c) annualized dividend and a dividend yield of 10.4%. The ex-dividend date was Monday, December 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.