Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) Short Interest Down 7.6% in November

Goldman Sachs Nasdaq 100 Core Premium Income ETF (NASDAQ:GPIQ) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 44,700 shares, a decline of 7.6% from the November 15th total of 48,400 shares. Based on an average daily volume of 68,800 shares, the short-interest ratio is presently 0.6 days.

Institutional Investors Weigh In On Goldman Sachs Nasdaq 100 Core Premium Income ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. GGM Financials LLC lifted its position in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 3.7% during the 3rd quarter. GGM Financials LLC now owns 225,062 shares of the company’s stock worth $10,792,000 after buying an additional 8,055 shares during the last quarter. Commonwealth Equity Services LLC raised its stake 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 in the last quarter. EP Wealth Advisors LLC purchased a new stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF in the third quarter valued at $7,481,000. Patten & Patten Inc. TN boosted its stake in Goldman Sachs Nasdaq 100 Core Premium Income ETF by 97.5% in the third quarter. Patten & Patten Inc. TN now owns 102,384 shares of the company’s stock valued at $4,909,000 after acquiring an additional 50,541 shares in the last quarter. Finally, HighTower Advisors LLC grew its holdings in shares of Goldman Sachs Nasdaq 100 Core Premium Income ETF by 91.1% during the third quarter. HighTower Advisors LLC now owns 66,975 shares of the company’s stock worth $3,212,000 after purchasing an additional 31,932 shares during the last quarter.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Trading Up 0.9 %

NASDAQ:GPIQ traded up $0.45 during trading hours on Monday, hitting $50.74. The company’s stock had a trading volume of 91,472 shares, compared to its average volume of 54,474. The stock has a market capitalization of $253.70 million, a P/E ratio of 30.31 and a beta of 1.02. The stock has a fifty day moving average of $48.67 and a 200-day moving average of $47.56. Goldman Sachs Nasdaq 100 Core Premium Income ETF has a 52-week low of $42.01 and a 52-week high of $50.80.

Goldman Sachs Nasdaq 100 Core Premium Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, December 9th. Stockholders of record on Tuesday, December 3rd were issued a $0.4308 dividend. The ex-dividend date was Tuesday, December 3rd. This represents a $5.17 dividend on an annualized basis and a dividend yield of 10.19%. This is an increase from Goldman Sachs Nasdaq 100 Core Premium Income ETF’s previous monthly dividend of $0.41.

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.