Townsend Asset Management Corp NC ADV Purchases 11,452 Shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Townsend Asset Management Corp NC ADV raised its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 66.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm 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.

Several other institutional investors have also added to or reduced their stakes in GPIQ. Fifth Third Bancorp bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $28,000. Gilpin Wealth Management LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter valued at $32,000. PNC Financial Services Group Inc. boosted 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 acquiring an additional 375 shares during the period. Camelot Portfolios LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at $49,000. Finally, Private Wealth Asset Management LLC bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at $55,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 1.3%

GPIQ stock opened at $55.98 on Friday. The business’s fifty day simple moving average is $57.99 and its two-hundred day simple moving average is $54.29. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a twelve month low of $47.72 and a twelve month 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.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, July 8th. Stockholders of record on Wednesday, July 1st were issued a $0.5191 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%.

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.