Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Down 70.5% in February

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the recipient of a significant drop in short interest in February. As of February 13th, there was short interest totaling 90,308 shares, a drop of 70.5% from the January 29th total of 306,341 shares. Based on an average daily trading volume, of 1,087,589 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,087,589 shares, the short-interest ratio is currently 0.1 days.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of NASDAQ:GPIQ opened at $52.60 on Thursday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $38.13 and a 52-week high of $54.63. The company has a market capitalization of $2.88 billion, a PE ratio of 33.26 and a beta of 0.95. The company has a fifty day moving average of $52.68 and a 200-day moving average of $52.32.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, February 6th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.4655 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.46. This represents a c) dividend on an annualized basis and a dividend yield of 10.6%.

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Sunbelt Securities Inc. raised its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 67.2% during the 4th quarter. Sunbelt Securities Inc. now owns 35,060 shares of the company’s stock worth $1,854,000 after purchasing an additional 14,092 shares during the last quarter. Corient Private Wealth LLC bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at approximately $320,000. EP Wealth Advisors LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth approximately $9,596,000. NewEdge Advisors LLC lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 602.2% in the 4th quarter. NewEdge Advisors LLC now owns 20,567 shares of the company’s stock worth $1,087,000 after purchasing an additional 17,638 shares during the period. Finally, IHT Wealth Management LLC boosted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 12.4% in the 4th quarter. IHT Wealth Management LLC now owns 13,175 shares of the company’s stock valued at $697,000 after purchasing an additional 1,454 shares during the last quarter.

About Goldman Sachs Nasdaq 100 Core Premium Income ETF

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.