Short Interest in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Decreases By 21.2%

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the recipient of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 306,341 shares, a drop of 21.2% from the January 15th total of 388,939 shares. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 1,128,643 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 1,128,643 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.6% of the company’s shares are short sold.

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

Shares of NASDAQ:GPIQ traded up $0.11 during trading on Friday, hitting $51.39. 858,371 shares of the company’s stock were exchanged, compared to its average volume of 1,136,800. The firm has a market cap of $2.82 billion, a P/E ratio of 33.26 and a beta of 0.95. The firm has a 50-day moving average price of $52.85 and a two-hundred day moving average price of $52.23. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 1-year low of $38.13 and a 1-year high of $54.63.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 6th. Investors of record on Monday, February 2nd were paid a dividend of $0.4655 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.46. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Meadowbrook Wealth Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter worth $833,000. Commonwealth Equity Services LLC grew its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 389.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 134,283 shares of the company’s stock valued at $7,044,000 after acquiring an additional 106,870 shares during the period. Cannon Advisors Inc. grew its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 61.6% in the 2nd quarter. Cannon Advisors Inc. now owns 57,308 shares of the company’s stock valued at $2,854,000 after acquiring an additional 21,841 shares during the period. Osaic Holdings Inc. increased its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 23.6% during the 2nd quarter. Osaic Holdings Inc. now owns 58,442 shares of the company’s stock worth $2,911,000 after purchasing an additional 11,175 shares during the last quarter. Finally, Semus Wealth Partners LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 30.1% in the 3rd quarter. Semus Wealth Partners LLC now owns 77,413 shares of the company’s stock valued at $4,061,000 after purchasing an additional 17,921 shares during the period.

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.