M Holdings Securities Inc. Acquires Shares of 45,672 Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

M Holdings Securities Inc. acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 45,672 shares of the company’s stock, valued at approximately $2,415,000.

A number of other hedge funds have also recently added to or reduced their stakes in GPIQ. Royal Bank of Canada grew its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1,254.0% in the first 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 Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter valued at approximately $1,484,000. Raymond James Financial Inc. acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at approximately $1,773,000. Vienna Asset Management LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter valued at approximately $232,000. Finally, Bank of America Corp DE purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the second quarter valued at approximately $43,932,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 1.9%

Shares of NASDAQ:GPIQ opened at $55.95 on Thursday. The stock has a market cap of $3.85 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 12-month low of $47.72 and a 12-month high of $59.65. The business’s 50 day moving average is $55.42 and its 200 day moving average is $53.35.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, June 5th. Investors of record on Monday, June 1st were given a dividend of $0.5192 per share. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.48. This represents a c) annualized dividend and a dividend yield of 11.1%.

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.