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

Western Wealth Management LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 16,030 shares of the company’s stock, valued at approximately $848,000.

A number of other hedge funds have also recently made changes to their positions in GPIQ. Royal Bank of Canada boosted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1,254.0% during the 1st quarter. Royal Bank of Canada now owns 15,368 shares of the company’s stock worth $685,000 after purchasing an additional 14,233 shares during the period. Jane Street Group LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 1st quarter worth approximately $1,484,000. Raymond James Financial Inc. purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter worth 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 2nd quarter worth 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 2nd quarter worth approximately $43,932,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

NASDAQ:GPIQ opened at $57.55 on Friday. The stock has a market capitalization of $3.97 billion, a P/E ratio of 33.26 and a beta of 1.01. The company has a 50 day moving average price of $52.66 and a 200 day moving average price of $52.69. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $46.60 and a fifty-two week high of $58.31.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

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

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.