Beta Wealth Group Inc. Acquires New Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Beta Wealth Group Inc. bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 39,159 shares of the company’s stock, valued at approximately $2,054,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF makes up approximately 0.8% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 29th largest holding. Beta Wealth Group Inc. owned 0.11% of Goldman Sachs Nasdaq 100 Core Premium Income ETF at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth $49,000. Founders Financial Alliance LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth about $164,000. Forum Financial Management LP bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth about $203,000. Capital Advisory Group Advisory Services LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth about $211,000. Finally, Accurate Wealth Management LLC acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 3rd quarter valued at about $216,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 0.2%

NASDAQ:GPIQ opened at $51.39 on Tuesday. The company has a 50-day moving average of $52.81 and a 200-day moving average of $52.25. The firm has a market cap of $2.82 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 twelve month low of $38.13 and a twelve month high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

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

Goldman Sachs Nasdaq 100 Core Premium Income ETF 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.