M.E. Allison & CO. Inc. Acquires Shares of 7,300 Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

M.E. Allison & CO. Inc. bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,300 shares of the company’s stock, valued at approximately $358,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Great Valley Advisor Group Inc. bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 3rd quarter valued at $230,000. Avaii Wealth Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth $271,000. Castle Rock Wealth Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth $282,000. Private Advisor Group LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 36.0% in the third quarter. Private Advisor Group LLC now owns 23,291 shares of the company’s stock valued at $1,117,000 after purchasing an additional 6,171 shares during the last quarter. Finally, Synergy Financial Group LTD purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at about $322,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of GPIQ stock opened at $49.60 on Monday. The firm has a 50-day moving average of $49.36 and a 200-day moving average of $47.88. The company has a market cap of $381.92 million, a P/E ratio of 30.31 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a one year low of $42.01 and a one year high of $50.80.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 3rd were issued a dividend of $0.4285 per share. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $5.14 dividend on an annualized basis and a yield of 10.37%.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company 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.