Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETF

GPIQ

Market cap $3.02B

The ETF marketplace underwent a seismic shift at the end of last year with Goldman Sachs Asset Management (GSAM) acquiring Innovator Capital Management.

Income ETFs are making noise in the wide world of ETFs. Thanks to the ETF wrapper's flexibility — and the 2019 ETF Rule streamlining the ETF launch process — ETF innovation has exploded in recent years.

Sold 58,822 shares of GPIQ; estimated transaction value ~$3.11 million based on average closing prices for the quarter Position value declined by $2.43 million quarter-over-quarter, reflecting the combined impact of trading activity and share price movement The transaction represented a 0.56% change relative to the fund's $558.05 million 13F reportable assets Wick Capital Partners, LLC now holds 8,912 shares of GPIQ, valued at $5.98 million as of December 31, 2025 GPIQ accounts for 1.07% of the fund's AUM, which places it outside the fund's top five holdings These 10 Stocks Could Mint the Next Wave of Millionaires ›

Bensler, LLC acquired 222,468 shares of GPIQ; estimated trade value $11 million based on quarterly average pricing. Quarter-end position value increased by $11.7 million, reflecting the new stake and any price movement during the period.

Volatility and dispersion are the likely key themes for 2026. The sky-high valuations and increasingly shaky economic/financial fundamentals support that view. At the same time, the market's "put mechanism," which has made the buy-the-dip strategy work since really the GFC, has not disappeared.

The income looks irresistible, but the math tells a different story. A hidden risk could quietly erode long-term wealth. Why retirees may be better off skipping - or at the very least strictly limiting - exposure to this popular strategy.

The Dividend Harvesting Portfolio reached all-time highs, delivering a 38.68% return on invested capital and a 7.78% forward yield. Recent volatility in technology created buying opportunities; I increased allocations to GPIQ and AMLP, targeting both tech and energy exposure. Forward annualized dividend income now stands at $2,784.30, with a clear path to exceed $3,000 in 2026 as capital is added.

Tech sector volatility presents unique opportunities for income-focused investors to buy high-quality dividend payers with AI and growth exposure at attractive valuations. IBM, Qualcomm, Cisco, Dell, Microsoft, and Texas Instruments offer compelling dividend growth, defensive characteristics, and strategic positioning in AI, quantum, and infrastructure. JEPQ and BST provide high-yield, tech-focused monthly income via covered call and closed-end fund strategies, with BST trading at a notable NAV discount.

The yield that looks safe today may be your biggest long-term risk. Dividend cuts can be more damaging than market pullbacks. A better income strategy most retirees overlook.

Why index investing is far riskier than it looks. A wildly popular dividend investing strategy may be setting investors up for disappointment. One overlooked approach could completely reshape long-term returns.