Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Update

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totalling 9,400 shares, a decrease of 74.2% from the June 30th total of 36,400 shares. Based on an average daily volume of 65,500 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. High Net Worth Advisory Group LLC boosted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 16.7% in the 1st quarter. High Net Worth Advisory Group LLC now owns 7,000 shares of the company’s stock worth $326,000 after buying an additional 1,000 shares during the last quarter. Patten & Patten Inc. TN acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter worth $1,038,000. XML Financial LLC acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter worth $700,000. Delta Investment Management LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter valued at $424,000. Finally, Semus Wealth Partners LLC acquired a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the first quarter valued at $480,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 1.1 %

Shares of NASDAQ GPIQ traded up $0.48 during midday trading on Friday, hitting $46.13. The company’s stock had a trading volume of 65,230 shares, compared to its average volume of 43,515. The business’s 50 day moving average is $47.60 and its two-hundred day moving average is $46.17. The firm has a market cap of $110.71 million, a P/E ratio of 30.31 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 12-month low of $38.66 and a 12-month high of $49.81.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Tuesday, July 2nd were given a $0.4197 dividend. The ex-dividend date of this dividend was Tuesday, July 2nd. This represents a $5.04 dividend on an annualized basis and a dividend yield of 10.92%.

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.