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

Truist Financial Corp boosted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 57.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 171,363 shares of the company’s stock after purchasing an additional 62,488 shares during the quarter. Truist Financial Corp owned about 0.32% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $9,060,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Signature Estate & Investment Advisors LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.1% in the 3rd quarter. Signature Estate & Investment Advisors LLC now owns 17,220 shares of the company’s stock worth $903,000 after purchasing an additional 194 shares in the last quarter. Private Wealth Partners LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.8% in the 3rd quarter. Private Wealth Partners LLC now owns 30,250 shares of the company’s stock worth $1,587,000 after purchasing an additional 250 shares in the last quarter. Aurdan Capital Management LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 0.4% in the 3rd quarter. Aurdan Capital Management LLC now owns 68,455 shares of the company’s stock worth $3,591,000 after purchasing an additional 268 shares in the last quarter. Comprehensive Money Management Services LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.9% during the 4th quarter. Comprehensive Money Management Services LLC now owns 7,359 shares of the company’s stock worth $389,000 after acquiring an additional 275 shares in the last quarter. Finally, Accurate Wealth Management LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 6.9% during the 4th quarter. Accurate Wealth Management LLC now owns 4,447 shares of the company’s stock worth $237,000 after acquiring an additional 288 shares in the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of GPIQ opened at $57.57 on Friday. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of 33.26 and a beta of 1.01. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $45.22 and a 1 year high of $57.57. The business’s 50 day simple moving average is $51.95 and its 200-day simple moving average is $52.49.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 7th. Stockholders of record on Friday, May 1st were issued a dividend of $0.4833 per share. This represents a c) annualized dividend and a dividend yield of 10.1%. The ex-dividend date of this dividend was Friday, May 1st.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

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.