Bensler Buys $11 Million of Goldman Sachs Nasdaq-100 Premium Income ETF

Core Viewpoint - Bensler, LLC has disclosed a new position in the Goldman Sachs Nasdaq-100 Premium Income ETF (GPIQ), acquiring 222,468 shares valued at approximately $11.7 million, indicating a strategic investment in a tech-centric fund that aims to enhance income through a premium income strategy [1][2]. Investment Details - The acquisition of GPIQ shares represents 1.2% of Bensler's 13F reportable assets under management (AUM) as of December 31, 2025 [7]. - The estimated transaction value for the new position was $11.7 million based on quarterly average pricing, with the stake's quarter-end valuation also reaching $11.7 million [2]. ETF Overview - The Goldman Sachs Nasdaq-100 Premium Income ETF has an AUM of $2.9 billion and offers a dividend yield of 10.01% [4]. - As of February 3, 2026, GPIQ shares were priced at $52.43, reflecting an 18.81% total return over the past year, outperforming the S&P 500 by 1.93 percentage points [7]. Investment Strategy - GPIQ seeks to deliver enhanced income by investing in Nasdaq-100 equities while employing a premium income strategy, combining index replication with income generation [6][8]. - The ETF is structured as a non-diversified fund, primarily consisting of equity securities from Nasdaq-100 constituents [8]. Market Position - Bensler's investment in GPIQ indicates a bullish outlook on growth stocks, particularly in the technology sector, while utilizing a covered call strategy to enhance near-term income [9][10].