Kraft Davis & Associates LLC Boosts Stock Position in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

Kraft Davis & Associates LLC lifted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) by 36.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 60,689 shares of the company’s stock after purchasing an additional 16,059 shares during the quarter. Kraft Davis & Associates LLC’s holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF were worth $3,235,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Spire Wealth Management grew its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 202.9% in the 4th quarter. Spire Wealth Management now owns 18,915 shares of the company’s stock valued at $1,000,000 after buying an additional 12,670 shares in the last quarter. Quad Cities Investment Group LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter worth $373,000. Wealthcare Advisory Partners LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 4th quarter worth $269,000. Accurate Wealth Management LLC raised its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 6.9% during the 4th quarter. Accurate Wealth Management LLC now owns 4,447 shares of the company’s stock worth $237,000 after acquiring an additional 288 shares during the period. Finally, CoreCap Advisors LLC boosted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 12,434.4% during the 4th quarter. CoreCap Advisors LLC now owns 19,303 shares of the company’s stock valued at $1,021,000 after acquiring an additional 19,149 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of GPIQ opened at $48.27 on Monday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $38.13 and a 12-month high of $54.63. The firm has a 50-day moving average price of $51.71 and a 200 day moving average price of $52.36. The firm has a market capitalization of $2.65 billion, a P/E ratio of 33.26 and a beta of 0.95.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 6th. Shareholders of record on Monday, March 2nd were issued a $0.4527 dividend. This represents a c) annualized dividend and a yield of 11.3%. The ex-dividend date was Monday, March 2nd.

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.