American National Bank & Trust Purchases New Stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF $GPIQ

American National Bank & Trust acquired a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 248,606 shares of the company’s stock, valued at approximately $14,414,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF comprises approximately 1.3% of American National Bank & Trust’s investment portfolio, making the stock its 24th biggest position. American National Bank & Trust owned 0.23% of Goldman Sachs Nasdaq 100 Core Premium Income ETF at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Private Client Services LLC purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the third quarter valued at approximately $1,191,000. Doliver Advisors LP bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter worth about $811,000. Envestnet Asset Management Inc. lifted its stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 31.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 212,391 shares of the company’s stock valued at $12,597,000 after purchasing an additional 50,680 shares during the period. Cahill Financial Advisors Inc. purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter worth $212,000. Finally, Capital Analysts LLC lifted its position in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 106.2% during the second quarter. Capital Analysts LLC now owns 54,840 shares of the company’s stock valued at $3,252,000 after buying an additional 28,239 shares during the period.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Performance

Shares of GPIQ traded down $0.16 during mid-day trading on Wednesday, reaching $58.50. The company had a trading volume of 1,472,058 shares, compared to its average volume of 1,301,494. The company has a market capitalization of $6.30 billion, a price-to-earnings ratio of 33.26 and a beta of 1.03. The firm has a 50-day moving average price of $56.88 and a 200 day moving average price of $56.09. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52 week low of $47.72 and a 52 week high of $59.83.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, October 7th. Shareholders of record on Thursday, October 1st will be given a $0.5088 dividend. This is a boost from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.4968. The ex-dividend date of this dividend is Thursday, October 1st. This represents a $6.11 dividend on an annualized basis and a yield of 10.4%.

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.