Fortress Wealth Management Inc. Purchases 2,160 Shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX)

Fortress Wealth Management Inc. increased its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) by 9.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,162 shares of the company’s stock after purchasing an additional 2,160 shares during the period. Fortress Wealth Management Inc. owned 0.29% of Goldman Sachs S&P 500 Core Premium Income ETF worth $1,195,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. US Bancorp DE raised its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 35.7% during the third quarter. US Bancorp DE now owns 2,375 shares of the company’s stock valued at $117,000 after acquiring an additional 625 shares during the period. Private Trust Co. NA grew its holdings in Goldman Sachs S&P 500 Core Premium Income ETF by 51.5% during the 3rd quarter. Private Trust Co. NA now owns 3,234 shares of the company’s stock valued at $159,000 after buying an additional 1,100 shares in the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the fourth quarter valued at approximately $201,000. Park Avenue Securities LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF in the fourth quarter worth $249,000. Finally, Princeton Global Asset Management LLC boosted its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 13.3% during the third quarter. Princeton Global Asset Management LLC now owns 5,450 shares of the company’s stock worth $268,000 after acquiring an additional 640 shares during the last quarter.

Goldman Sachs S&P 500 Core Premium Income ETF Stock Performance

Shares of NASDAQ GPIX opened at $50.11 on Tuesday. The company has a market cap of $425.94 million, a P/E ratio of 24.02 and a beta of 0.82. Goldman Sachs S&P 500 Core Premium Income ETF has a 52-week low of $44.06 and a 52-week high of $50.82. The firm’s fifty day moving average is $50.06 and its two-hundred day moving average is $48.87.

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

The company also recently announced a monthly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 3rd were issued a $0.3496 dividend. This represents a $4.20 annualized dividend and a dividend yield of 8.37%. This is a boost from Goldman Sachs S&P 500 Core Premium Income ETF’s previous monthly dividend of $0.34. The ex-dividend date was Friday, January 3rd.

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.