Guided Capital Wealth Management LLC Takes Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Guided Capital Wealth Management LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 13,022 shares of the company’s stock, valued at approximately $688,000.

Several other institutional investors and hedge funds have also bought and sold shares of GPIQ. Bank of America Corp DE purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter valued at approximately $43,932,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 375.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 594,072 shares of the company’s stock valued at $31,064,000 after purchasing an additional 469,088 shares in the last quarter. Ethos Financial Group LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth $7,012,000. Commonwealth Equity Services LLC grew its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 389.9% in the third quarter. Commonwealth Equity Services LLC now owns 134,283 shares of the company’s stock worth $7,044,000 after purchasing an additional 106,870 shares during the period. Finally, Significant Wealth Partners LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth $5,549,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 3.2%

GPIQ opened at $49.49 on Wednesday. The company has a market cap of $2.71 billion, a price-to-earnings ratio of 33.26 and a beta of 0.95. The stock has a fifty day simple moving average of $51.55 and a two-hundred day simple moving average of $52.32. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $38.13 and a 12-month high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, March 6th. Investors of record on Monday, March 2nd were paid a $0.4527 dividend. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date was Monday, March 2nd.

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.