Forefront Wealth Management Inc. Makes New Investment in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

Forefront Wealth Management Inc. bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the fourth quarter, HoldingsChannel reports. The fund bought 55,642 shares of the company’s stock, valued at approximately $2,728,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF makes up approximately 2.5% of Forefront Wealth Management Inc.’s investment portfolio, making the stock its 12th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Avaii Wealth Management LLC lifted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 14.0% during the 4th quarter. Avaii Wealth Management LLC now owns 6,437 shares of the company’s stock worth $316,000 after buying an additional 792 shares during the last quarter. Private Wealth Partners LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 36.1% during the fourth quarter. Private Wealth Partners LLC now owns 12,250 shares of the company’s stock valued at $601,000 after buying an additional 3,250 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 85.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 7,748 shares of the company’s stock valued at $380,000 after buying an additional 3,562 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 16.7% during the fourth quarter. Private Advisor Group LLC now owns 27,181 shares of the company’s stock valued at $1,333,000 after acquiring an additional 3,890 shares during the period. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $207,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

NASDAQ GPIQ opened at $45.54 on Friday. The firm has a market capitalization of $368.87 million, a PE ratio of 32.37 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12 month low of $42.01 and a 12 month high of $50.85. The company’s 50 day simple moving average is $48.41 and its 200 day simple moving average is $48.37.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a $0.4148 dividend. The ex-dividend date was Monday, March 3rd.

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.