PMG Family Office LLC Raises Stock Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

PMG Family Office LLC grew its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 97.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,101 shares of the company’s stock after acquiring an additional 9,445 shares during the period. PMG Family Office LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $945,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Bank of America Corp DE acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 2nd quarter worth approximately $43,932,000. Cerity Partners LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter worth $33,003,000. LPL Financial LLC raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 35.3% during the fourth quarter. LPL Financial LLC now owns 1,880,169 shares of the company’s stock worth $99,405,000 after purchasing an additional 490,625 shares during the last quarter. Royal Bank of Canada boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 224.9% during the fourth quarter. Royal Bank of Canada now owns 460,780 shares of the company’s stock worth $24,362,000 after purchasing an additional 318,964 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 288.1% during the fourth quarter. Wells Fargo & Company MN now owns 388,576 shares of the company’s stock worth $20,544,000 after purchasing an additional 288,447 shares in the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Goldman Sachs Nasdaq 100 Core Premium Income ETF stock opened at $59.37 on Tuesday. The firm has a market capitalization of $4.09 billion, a price-to-earnings ratio of 33.26 and a beta of 1.03. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $47.72 and a fifty-two week high of $59.83. The stock’s fifty day moving average is $56.81 and its two-hundred day moving average is $53.70.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, June 5th. Investors of record on Monday, June 1st were given a $0.5192 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 10.5%. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.48.

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.