Lionsbridge Wealth Management LLC Invests $847,000 in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Lionsbridge Wealth Management LLC bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the 2nd quarter, Holdings Channel reports. The firm bought 17,841 shares of the company’s stock, valued at approximately $847,000.

A number of other large investors have also bought and sold shares of GPIX. High Net Worth Advisory Group LLC raised its stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 58.3% in the first quarter. High Net Worth Advisory Group LLC now owns 9,500 shares of the company’s stock worth $447,000 after acquiring an additional 3,500 shares during the last quarter. Cary Street Partners Investment Advisory LLC acquired a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the 4th quarter worth approximately $252,000. Canvas Wealth Advisors LLC acquired a new stake in Goldman Sachs S&P 500 Core Premium Income ETF during the 1st quarter worth $274,000. Semus Wealth Partners LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the 1st quarter worth $518,000. Finally, Aurora Private Wealth Inc. bought a new position in Goldman Sachs S&P 500 Core Premium Income ETF during the first quarter worth about $731,000.

Goldman Sachs S&P 500 Core Premium Income ETF Trading Up 0.1 %

Shares of GPIX stock traded up $0.03 on Monday, reaching $46.11. The company had a trading volume of 33,349 shares, compared to its average volume of 41,422. The stock has a market cap of $179.83 million, a PE ratio of 24.02 and a beta of 0.82. The company has a 50-day moving average of $47.20 and a 200-day moving average of $46.37. Goldman Sachs S&P 500 Core Premium Income ETF has a 12 month low of $39.03 and a 12 month high of $49.11.

Goldman Sachs S&P 500 Core Premium Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, August 8th. Shareholders of record on Friday, August 2nd were issued a $0.3376 dividend. The ex-dividend date was Friday, August 2nd. This is a positive change from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. This represents a $4.05 annualized dividend and a yield of 8.79%.

Goldman Sachs S&P 500 Core Premium Income ETF Company Profile

The Goldman Sachs S&P 500 Core Premium Income ETF (GPIX) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed ETF, primarily investing in stocks of companies in the S&P 500. Combining equity investments with a call strategy, the fund seeks to generate stable income while offering potential for capital growth GPIX was launched on Oct 24, 2023 and is issued by Goldman Sachs.