A Texas-based wealth advisory sold 351,699 shares of the Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ) for an estimated $17.5 million, representing about 2% of 13F reportable assets under management. This marked a full exit from the fund, which previously represented 2.7% of the advisory’s reported assets. B&D White Capital Company, LLC, disclosed the sale, with top holdings after the filing including NASDAQ:AMZN, NYSEMKT:AVUS, NYSEMKT:ILCG, NYSEMKT:VTI, and NYSEMKT:IWF. GPIQ shares were priced at $53.32 as of Friday’s market close, with a dividend yield of 9.6% and a 1-year total return of 21.8%.

B&D White Capital Company, LLC, sold its entire stake in the Goldman Sachs Nasdaq-100 Premium Income ETF for an estimated $17.5 million, with no remaining shares as of September 30. This move signals a shift away from high-yield equity strategies, with GPIQ offering targeted exposure to the Nasdaq-100 Index and a 9.6% dividend yield. Coyle Capital emphasized long-term diversification and market efficiency, favoring a disciplined approach over income-driven products. The fund delivers attractive distributions to investors and remains relatively new, launched in October 2023, with assets nearing $1.9 billion and exposure to top Nasdaq names.

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