Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Reaches New 12-Month High – What’s Next?

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQGet Free Report) shares hit a new 52-week high on Thursday . The stock traded as high as $59.14 and last traded at $58.90, with a volume of 1585119 shares traded. The stock had previously closed at $58.91.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Down 0.0%

The firm has a 50-day simple moving average of $53.73 and a two-hundred day simple moving average of $52.92. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 33.26 and a beta of 1.01.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, May 7th. Shareholders of record on Friday, May 1st were given a dividend of $0.4833 per share. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date of this dividend was Friday, May 1st.

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GPIQ. Royal Bank of Canada grew its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1,254.0% during the 1st quarter. Royal Bank of Canada now owns 15,368 shares of the company’s stock valued at $685,000 after acquiring an additional 14,233 shares during the period. Jane Street Group LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter valued at about $1,484,000. Raymond James Financial Inc. acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $1,773,000. Vienna Asset Management LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $232,000. Finally, Bank of America Corp DE acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at about $43,932,000.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

(Get Free Report)

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.

Further Reading

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