Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Up 29.2% in October

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 34,500 shares, an increase of 29.2% from the October 15th total of 26,700 shares. Based on an average daily volume of 50,500 shares, the short-interest ratio is presently 0.7 days.

Institutional Trading of Goldman Sachs Nasdaq 100 Core Premium Income ETF

Several hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC boosted its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.6% during the 2nd quarter. Commonwealth Equity Services LLC now owns 217,456 shares of the company’s stock worth $10,440,000 after acquiring an additional 7,629 shares during the last quarter. Private Advisor Group LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the second quarter valued at approximately $822,000. Avaii Wealth Management LLC bought a new position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at approximately $271,000. GGM Financials LLC purchased a new stake in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF during the 2nd quarter valued at $10,418,000. Finally, Patten & Patten Inc. TN increased its holdings in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 97.5% during the third quarter. Patten & Patten Inc. TN now owns 102,384 shares of the company’s stock worth $4,909,000 after buying an additional 50,541 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Down 1.6 %

GPIQ stock traded down $0.76 during trading on Friday, hitting $48.27. The company had a trading volume of 48,664 shares, compared to its average volume of 50,781. The stock has a market cap of $241.35 million, a PE ratio of 30.31 and a beta of 1.02. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a one year low of $41.85 and a one year high of $49.81. The business has a 50-day moving average of $47.63 and a 200-day moving average of $47.04.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Monday, November 4th were given a dividend of $0.4137 per share. The ex-dividend date of this dividend was Monday, November 4th. This represents a $4.96 annualized dividend and a dividend yield of 10.28%.

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.