Canvas Wealth Advisors LLC Takes Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

Canvas Wealth Advisors LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 1st quarter, HoldingsChannel reports. The fund acquired 5,280 shares of the company’s stock, valued at approximately $222,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Beacon Financial Advisory LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter valued at about $265,000. Aurora Private Wealth Inc. increased its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 5.3% during the first quarter. Aurora Private Wealth Inc. now owns 5,067 shares of the company’s stock valued at $226,000 after buying an additional 255 shares during the period. Balboa Wealth Partners purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter valued at about $323,000. XML Financial LLC increased its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 14.3% during the first quarter. XML Financial LLC now owns 154,601 shares of the company’s stock valued at $6,895,000 after buying an additional 19,373 shares during the period. Finally, Comprehensive Money Management Services LLC increased its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 34.1% during the first quarter. Comprehensive Money Management Services LLC now owns 5,862 shares of the company’s stock valued at $261,000 after buying an additional 1,490 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of NASDAQ GPIQ opened at $49.61 on Friday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $38.13 and a 1 year high of $50.85. The company’s 50-day moving average is $46.89 and its 200 day moving average is $47.29. The stock has a market capitalization of $654.85 million, a P/E ratio of 31.60 and a beta of 1.02.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, June 6th. Investors of record on Monday, June 2nd were given a dividend of $0.4146 per share. The ex-dividend date of this dividend was Monday, June 2nd. This represents a $4.97 annualized dividend and a dividend yield of 10.03%. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.39.

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.