Townsend Asset Management Corp NC ADV Increases Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Townsend Asset Management Corp NC ADV lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 66.2% in the 1st quarter, HoldingsChannel reports. The fund owned 28,763 shares of the company’s stock after purchasing an additional 11,452 shares during the quarter. Townsend Asset Management Corp NC ADV’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $1,423,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Comprehensive Money Management Services LLC boosted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.9% during the fourth quarter. Comprehensive Money Management Services LLC now owns 7,359 shares of the company’s stock valued at $389,000 after purchasing an additional 275 shares in the last quarter. Accurate Wealth Management LLC grew its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 6.9% in the fourth quarter. Accurate Wealth Management LLC now owns 4,447 shares of the company’s stock valued at $237,000 after purchasing an additional 288 shares during the last quarter. CWA Asset Management Group LLC raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 2.7% in the fourth quarter. CWA Asset Management Group LLC now owns 11,661 shares of the company’s stock worth $617,000 after purchasing an additional 303 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 1.7% in the first quarter. Nations Financial Group Inc. IA ADV now owns 18,336 shares of the company’s stock worth $907,000 after purchasing an additional 306 shares in the last quarter. Finally, Sanctuary Advisors LLC lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 2.9% during the fourth quarter. Sanctuary Advisors LLC now owns 11,536 shares of the company’s stock valued at $610,000 after buying an additional 329 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

GPIQ stock opened at $55.98 on Friday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a one year low of $47.72 and a one year high of $59.83. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 33.26 and a beta of 1.02. The firm has a 50-day simple moving average of $57.99 and a two-hundred day simple moving average of $54.29.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 8th. Investors of record on Wednesday, July 1st were paid a dividend of $0.5191 per share. This represents a c) annualized dividend and a dividend yield of 11.1%. The ex-dividend date was Wednesday, July 1st.

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.