Envestnet Asset Management Inc. Has $5.93 Million Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Envestnet Asset Management Inc. increased its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 18.6% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 113,107 shares of the company’s stock after buying an additional 17,769 shares during the quarter. Envestnet Asset Management Inc. owned 0.31% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $5,934,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Steward Partners Investment Advisory LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $49,000. Forum Financial Management LP acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at approximately $203,000. Capital Advisory Group Advisory Services LLC bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth $211,000. Accurate Wealth Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth $216,000. Finally, Vienna Asset Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter worth $232,000.

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

Shares of GPIQ stock opened at $52.00 on Friday. The firm’s fifty day moving average price is $52.69 and its two-hundred day moving average price is $52.29. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $38.13 and a 1 year high of $54.63. The firm has a market capitalization of $2.85 billion, a P/E ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were given a $0.4655 dividend. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.46. This represents a c) dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date of this dividend was Monday, February 2nd.

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.