Truist Financial Corp Takes Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Truist Financial Corp bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 84,275 shares of the company’s stock, valued at approximately $4,198,000.

Other hedge funds have also recently bought and sold shares of the company. Beacon Financial Advisory LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter worth about $265,000. Avalon Capital Management acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter worth about $558,000. Patten & Patten Inc. TN grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 30.9% during the first quarter. Patten & Patten Inc. TN now owns 162,311 shares of the company’s stock worth $7,239,000 after acquiring an additional 38,358 shares during the period. Graney & King LLC grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 5.9% during the first quarter. Graney & King LLC now owns 23,849 shares of the company’s stock worth $1,064,000 after acquiring an additional 1,335 shares during the period. Finally, Naviter Wealth LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter worth about $345,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Up 0.9%

NASDAQ:GPIQ opened at $52.74 on Thursday. The business’s 50-day moving average price is $51.19 and its 200 day moving average price is $48.30. The firm has a market cap of $1.81 billion, a P/E ratio of 33.26 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $38.13 and a 52-week high of $52.74.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 7th. Investors of record on Wednesday, October 1st were issued a dividend of $0.4579 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.44. This represents a c) dividend on an annualized basis and a yield of 10.4%.

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.