Prevail Innovative Wealth Advisors LLC Cuts Holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Prevail Innovative Wealth Advisors LLC cut its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 32.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 31,287 shares of the company’s stock after selling 15,214 shares during the quarter. Prevail Innovative Wealth Advisors LLC owned approximately 0.06% of Goldman Sachs Nasdaq 100 Core Premium Income ETF worth $1,654,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth $43,932,000. Bensler LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth $11,762,000. UBS Group AG boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 310.6% in the fourth quarter. UBS Group AG now owns 252,761 shares of the company’s stock worth $13,363,000 after purchasing an additional 191,196 shares during the last quarter. HighTower Advisors LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 16.5% in the fourth quarter. HighTower Advisors LLC now owns 1,057,006 shares of the company’s stock worth $55,884,000 after purchasing an additional 149,548 shares during the last quarter. Finally, Ellis Investment Partners LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 325.1% in the fourth quarter. Ellis Investment Partners LLC now owns 139,477 shares of the company’s stock worth $7,374,000 after purchasing an additional 106,665 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 0.2%

GPIQ stock opened at $57.88 on Friday. The stock’s fifty day simple moving average is $53.14 and its two-hundred day simple moving average is $52.77. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $46.60 and a 1-year high of $58.31. The stock has a market cap of $3.99 billion, a P/E ratio of 33.26 and a beta of 1.01.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, May 7th. Shareholders of record on Friday, May 1st were paid a $0.4833 dividend. This represents a c) dividend on an annualized basis and a yield of 10.0%. The ex-dividend date was Friday, May 1st.

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.