Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Update

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 282,509 shares, a drop of 35.7% from the February 26th total of 439,573 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 993,589 shares, the days-to-cover ratio is presently 0.3 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

NASDAQ:GPIQ opened at $48.27 on Monday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $38.13 and a 52 week high of $54.63. The stock’s fifty day moving average is $51.71 and its two-hundred day moving average is $52.36. The company has a market capitalization of $2.65 billion, a P/E ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were given a dividend of $0.4527 per share. This represents a c) dividend on an annualized basis and a dividend yield of 11.3%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Signature Estate & Investment Advisors LLC boosted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.1% during the third quarter. Signature Estate & Investment Advisors LLC now owns 17,220 shares of the company’s stock worth $903,000 after buying an additional 194 shares during the period. Private Wealth Partners LLC raised its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.8% in the 3rd quarter. Private Wealth Partners LLC now owns 30,250 shares of the company’s stock valued at $1,587,000 after acquiring an additional 250 shares during the period. Aurdan Capital Management LLC raised its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.4% in the 3rd quarter. Aurdan Capital Management LLC now owns 68,455 shares of the company’s stock valued at $3,591,000 after acquiring an additional 268 shares during the period. Comprehensive Money Management Services LLC lifted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.9% in the 4th quarter. Comprehensive Money Management Services LLC now owns 7,359 shares of the company’s stock worth $389,000 after acquiring an additional 275 shares during the last quarter. Finally, Accurate Wealth Management LLC lifted its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 6.9% in the 4th quarter. Accurate Wealth Management LLC now owns 4,447 shares of the company’s stock worth $237,000 after acquiring an additional 288 shares during the last quarter.

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.