GGM Financials LLC Raises Holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

GGM Financials LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 4.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 374,625 shares of the company’s stock after acquiring an additional 15,182 shares during the period. Goldman Sachs Nasdaq 100 Core Premium Income ETF accounts for about 3.7% of GGM Financials LLC’s investment portfolio, making the stock its 6th largest position. GGM Financials LLC owned approximately 1.61% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $18,660,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $25,000. Harbour Investments Inc. bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 1st quarter valued at approximately $93,000. Farther Finance Advisors LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $110,000. Manchester Capital Management LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 1st quarter valued at approximately $183,000. Finally, Latitude Advisors LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $222,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of GPIQ stock opened at $54.07 on Tuesday. The stock’s 50 day simple moving average is $51.73 and its 200 day simple moving average is $49.19. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $38.13 and a twelve month high of $54.10. The company has a market capitalization of $1.91 billion, a price-to-earnings ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, October 7th. Shareholders of record on Wednesday, October 1st were given a $0.4579 dividend. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 10.2%. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.44.

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.