Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Sees Large Volume Increase – Here’s What Happened

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) saw strong trading volume on Wednesday . 81,821 shares were traded during mid-day trading, a decline of 26% from the previous session’s volume of 111,147 shares.The stock last traded at $42.51 and had previously closed at $43.19.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Stock Down 2.5 %

The business has a 50 day moving average price of $46.08 and a two-hundred day moving average price of $47.96. The stock has a market cap of $501.11 million, a P/E ratio of 29.69 and a beta of 1.02.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 7th. Shareholders of record on Tuesday, April 1st were issued a dividend of $0.3856 per share. This represents a $4.63 dividend on an annualized basis and a yield of 10.99%. The ex-dividend date was Tuesday, April 1st.

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

Hedge funds have recently modified their holdings of the stock. Centaurus Financial Inc. bought a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the 4th quarter valued at $147,000. Cathy Pareto & Associates Inc. purchased a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the first quarter valued at about $201,000. Stratos Wealth Partners LTD. bought a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth about $207,000. Comprehensive Money Management Services LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the fourth quarter worth about $214,000. Finally, Aurora Private Wealth Inc. bought a new position in Goldman Sachs Nasdaq 100 Core Premium Income ETF during the fourth quarter valued at approximately $236,000.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Company 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.