Arsenal Capital Advisors LLC Purchases New Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Arsenal Capital Advisors LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 67,089 shares of the company’s stock, valued at approximately $3,547,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF accounts for 2.5% of Arsenal Capital Advisors LLC’s portfolio, making the stock its 9th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Fifth Third Bancorp purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $28,000. PNC Financial Services Group Inc. increased its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 131.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 660 shares of the company’s stock valued at $35,000 after purchasing an additional 375 shares during the period. Camelot Portfolios LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $49,000. Private Wealth Asset Management LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $55,000. Finally, International Assets Investment Management LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at about $56,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

Shares of NASDAQ:GPIQ opened at $56.79 on Friday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1 year low of $47.72 and a 1 year high of $59.65. The company has a market cap of $3.91 billion, a PE ratio of 33.26 and a beta of 1.03. The stock’s 50-day moving average is $54.92 and its 200 day moving average is $53.22.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 5th. Investors of record on Monday, June 1st were issued a dividend of $0.5192 per share. The ex-dividend date was Monday, June 1st. This represents a c) dividend on an annualized basis and a yield of 11.0%. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.48.

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.