Graney & King LLC Makes New Investment in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ)

Graney & King LLC purchased a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 22,514 shares of the company’s stock, valued at approximately $1,104,000. Goldman Sachs Nasdaq 100 Core Premium Income ETF comprises 0.8% of Graney & King LLC’s portfolio, making the stock its 19th biggest holding.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Stratos Wealth Partners LTD. acquired a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter worth approximately $207,000. Great Valley Advisor Group Inc. acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 3rd quarter valued at $230,000. Aurora Private Wealth Inc. acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter worth approximately $236,000. Atlanta Consulting Group Advisors LLC acquired a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter valued at $236,000. Finally, CAP Partners LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth about $270,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Price Performance

GPIQ opened at $46.64 on Wednesday. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a fifty-two week low of $42.01 and a fifty-two week high of $50.85. The firm has a 50 day simple moving average of $48.35 and a 200 day simple moving average of $48.43. The company has a market cap of $508.84 million, a price-to-earnings ratio of 30.70 and a beta of 1.02.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were paid a $0.4148 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.