Milestone Asset Management LLC Acquires Shares of 9,725 Goldman Sachs S&P 500 Core Premium Income ETF $GPIX

Milestone Asset Management LLC bought a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF (NASDAQ:GPIX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 9,725 shares of the company’s stock, valued at approximately $508,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Founders Financial Securities LLC grew its stake in Goldman Sachs S&P 500 Core Premium Income ETF by 6.6% during the 3rd quarter. Founders Financial Securities LLC now owns 51,918 shares of the company’s stock worth $2,712,000 after buying an additional 3,207 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 32.2% in the third quarter. DAVENPORT & Co LLC now owns 77,512 shares of the company’s stock valued at $4,048,000 after acquiring an additional 18,887 shares during the period. Farther Finance Advisors LLC purchased a new position in shares of Goldman Sachs S&P 500 Core Premium Income ETF during the third quarter worth approximately $106,000. McCarthy & Cox grew its position in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 4.0% during the third quarter. McCarthy & Cox now owns 405,044 shares of the company’s stock worth $21,155,000 after acquiring an additional 15,734 shares during the last quarter. Finally, SK Wealth Management LLC increased its holdings in shares of Goldman Sachs S&P 500 Core Premium Income ETF by 66.4% in the 3rd quarter. SK Wealth Management LLC now owns 460,005 shares of the company’s stock valued at $24,012,000 after acquiring an additional 183,491 shares during the period.

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

Shares of NASDAQ:GPIX opened at $53.30 on Friday. The stock has a market cap of $2.05 billion, a P/E ratio of 25.98 and a beta of 0.84. The firm has a fifty day moving average price of $52.46 and a 200 day moving average price of $51.24. Goldman Sachs S&P 500 Core Premium Income ETF has a 1-year low of $40.01 and a 1-year high of $53.50.

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

The business also recently declared a monthly dividend, which was paid on Friday, December 5th. Investors of record on Monday, December 1st were issued a dividend of $0.3741 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a dividend yield of 8.4%.

About Goldman Sachs S&P 500 Core Premium Income ETF

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.